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anterior is refusing more and more applicants who are looking to apply who are looking to come to the province of ontario and settle in here [Music] before we proceed further let me just quickly remind you if youre seeking for professional assistance with immigration to canada click on the link cictv dot ca slash go fill up your assessment questionnaire uh submitted we will look into this one of our professionals will be in direct contact with you and would help you to choose and determine the best pathway for immigration to canada anterior provincial nominee program has been acting very recently inviting more and more applicants which is great news especially for ontario im living in ontario and thats great news for us because that helps us to close this gap on the labor market we desperately need immigrants we need people to come in here we need them to enter the labor market now what we were seeing at the same time is that probably because there is a tremendous pressure on ontar

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Which expense is entered on the T2125?

salary or wages (including drawings) paid to self, partners, or both. cost of saleable goods or services that you, your family, or your partners and their families used or consumed (including items such as food, home maintenance, and business properties)

Who is eligible for wage subsidy Canada?

Who is eligible for CEWRB? This subsidy will be available to eligible employers that see a drop of at least 30 percent of their revenue (see Eligible Periods). Employers will be required to attest to the decline in revenue.

How do I report wage subsidy on T2?

Report the amounts of wage or rent subsidy you received for the tax year on both Schedule 1 of your T2 Corporation Income Tax Return (T2SCH1) and the General Index of Financial Information (GIFI). On the GIFI, include the subsidy you received at line 8242.

How do I know if I qualify for Cews?

Be one of the following types of employers individuals. corporations (or trusts) that are not exempt from income tax (Part I of the Income Tax Act) the following persons that are exempt from income tax (Part I of the Income Tax Act): registered charities. partnerships consisting of eligible employers.

How does the wage subsidy work in Canada?

Canadian employers can receive up to 50-70% of an interns wage to a maximum $5k-$7k, or up to 50% of a recent graduates wage to a maximum $12k-$15k in hiring grants.

What is an RC661?

RC661 Attestation for owner/managers and/or senior employees (comptroller/VP Finance/CFO) of an eligible employer applying for the Canada Emergency Wage Subsidy or the Canada Recovery Hiring Program - Canada.ca.

Does Cews have to be paid back?

CEWS recipients may have to repay the CEWS if they (i) amend or cancel an application (ii) made a calculation error in their application (iii) receive a notice from the CRA indicating that following a review of their CEWS, their claim has been reduced or denied.

Will Canada emergency wage subsidy be extended?

The CRA administered COVID-19 wage and rent subsidies to temporarily support wage and rent expenses for certain businesses, charities, and non-profits in Canada between March 15, 2020, and May 7, 2022. As of November 4, 2022, you can no longer apply for these subsidies.

What is the Canada Emergency wage subsidy?

It provides wage and rent subsidy support based on a new eligibility system whereby applicants will need to demonstrate docHub revenue losses over the course of 12 months of the pandemic, as well as revenue losses in the current month.

Is the wage subsidy in NZ taxed?

The reason the wage subsidy is taxable to the self-employed but not taxable to businesses is because payments of salary and wages paid to employees of a business that has received a wage subsidy are still taxable to the employee.

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How to Enter Wage Attestation For Free