Shajani CPA

COVID-19 Federal Benefits and Supports – CERB (Update from April 16th)

November 17, 2020
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
CERB, COVID19, Finances, Tax Planning

April 16, 2020 By Nizam Shajani, CPA, CA, MBA The government has announced changes to the Canada Emergency Response Benefit (CERB). In addition to have stopped working due to COVID-19, the benefit is now extended to those who earn up…

November 16, 2020
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
CERB, Tax Planning

November 16, 2020 By Nizam Shajani, CPA, CA, MBA The Canada Emergency Business Account (CERB) will soon increase the loan amount from $40,000 to $60,000. Of the $60,000 total loan, only $40,000 will be repayable. Details are still pending on…

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