COVID-19 Update from DT Tax and Accounting

With the ongoing COVID-19 situation, DT Tax and Accounting is working to ensure the health and safety of our team members, colleagues and clients in accordance with all public safety guidelines. We are closely monitoring the situation and will adjust our business practices rapidly as required.

As is the case in your workplaces, the health and safety of our team members are our priority. As such, we have implemented a contingency plan allowing our employees to work from home.

Please be assured that in these exceptional circumstances, the entire team remains committed to meeting your business needs, and providing the same technical support and customer service you have come to expect from us.

Our support team is at your service when you have questions about the use of your DT Professional suite software.

February 29th to April 30th, 2020 extended hours:
8:00 a.m. to 9:00 p.m. EST on weekdays
9:00 a.m. to 5:00 p.m. EST on Saturdays and Sundays

Further to the extension of the tax filing deadline, please note our support hours until June 1st.

May 1st, 2020 to May 22nd, 2020*:
9:00 a.m. to 5:00 p.m. EST Monday through Friday

*May 18th, 2020
Victoria Day
Office closed

May 23rd to June 1st, 2020 extended hours:
8:00 a.m. to 9:00 p.m. EST on weekdays
9:00 a.m. to 5:00 p.m. EST on Saturdays and Sundays

Contact our support department at: 1 800 663-7829.

Tax Deadline Updates (As of July 27, 2020)

The Quebec Government has extended the deadline to pay the tax balance from September 1 to September 30, 2020.

This will apply to individuals, corporations and trusts.

Therefore, there will be no penalty or interest payable if these amounts are paid by September 30, 2020. Until this date, no penalty will be imposed for late filing of the tax return.

The measure is consistent with the new deadline announced today by the Canada Revenue Agency.

https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/covid-19-filing-payment-dates.html

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CRA:

Flexibility for Taxpayers

Individuals:

The return filing due date will be deferred until June 1, 2020.

For trusts having a taxation year ending on December 31, 2019, the return filing due date will be deferred until May 1, 2020.

Any balance owing and instalment payments due for March and June will be deferred until September 1, 2020.

The CRA encourages individuals who expect to receive benefits under the GSTC or the CCB not to delay the filing of their return to ensure their entitlements for the 2020-21 benefit year are properly determined.

Support to Businesses

The CRA will allow all businesses to defer, until September 1, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020.This relief would apply to tax balances due, as well as instalments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period.

Full details of Canada's Economic Response Plan can be viewed here:
https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update.html

Revenu Québec:

Measures for individuals

Filing deadline has been extended to June 1st, 2020

Any balance owing for individuals and Self-employed has been extended until September 1, 2020.

Instalment payments due on June 15th have been postponed until September 1, 2020.

Refunds will be processed and people who receive payments under social programs will be expected on July 1, despite the above extensions.

Measures for businesses

Instalment and income tax payments are suspended until September 1, 2020. Although payment dates and terms will be announced later, businesses will be given a reasonable amount of time to pay amounts owing.

The full press release can be viewed here: https://www.revenuquebec.ca/en/press-room/press-releases/details/167313/2020-03-17/

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The Québec government announced that Revenu Québec will harmonize its practices with those of the CRA.

Press release:
https://www.revenuquebec.ca/en/press-room/press-releases/details/167319/2020-03-18/

Alberta:
Support for employers

Corporate income tax balances and instalment payments will be deferred from March 19 until August 31, 2020 to increase employers’ access to cash so they can pay employees, address debts and continue operations.

Full details can be found here: https://www.alberta.ca/covid-19-support-for-employers.aspx