May
19

10% Temporary Wage Subsidy

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The Temporary Wage Subsidy for Employers is a 3-month measure that will allow eligible employers to reduce the amount of payroll deductions they remit to the CRA. Eligible Employers:You are an eligible employer if you are:• An individual• Partnership• Non-profit organization• Registered charity or• Canadian-controlled private corporate (CCPCs) including a cooperative corporation• Have an existing business number and payroll program account with the CRA on March 18, 2020 and• Pay salary, wages, bonuses or other remuneration to an eligible employee (an individual who is employed in Canada)For partnerships, only those with members consisting exclusively of individuals (excluding trusts) are eligible. CCPCs...
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May
14

Is your business impacted by COVID-19? Let KD help you find solutions! 

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During this difficult time, we understand what you are going through as a business owner. We want to let you know that KD is here to help you. We are continuing to gather as much information as possible on financial relief options that may apply to your business. We want to be able to provide you with the resources you need to make the best possible business decisions at this time. Please know that you can consult with us if you are unsure as to what relief options can apply to your situation. We will be happy to strategize with you...
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May
11

COVID-19 Financial Relief and Support: Weekly Updates

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Since the start of the COVID-19 pandemic, we have been overwhelmed with lots of new information regarding the available financial relief for individuals and businesses.  There have been updates on a regular basis.  To help you keep up with all these, we have listed all the updates per week below: Week of March 29, 2021: Here are the results of the Auditor General of Canada's Performance Audit of the Canada Emergency Wage Subsidy (CEWS):1. Short Time Frames: The Department of Finance and the Canada Revenue Agency worked within short time frames in order to develop and implement the CEWS.2. Not enough information...
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Apr
30

COVID-19 Financial Relief and Support for Businesses Video Series

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KD has started a video series to help business owners know more about the financial relief options available to them.  Please click on the link below to get started! And don't forget to subscribe as we will be uploading new videos every week!  KD Business Tips YouTube Channel Links to our new videos here:  Latest update on the Canada Emergency Rent Subsidy (CERS) Tips for Business Owners Navigating COVID-19, part 5 Tips for Business Owners Navigating COVID-19, part 4 Tips for Business Owners Navigating COVID-19, part 3 Tips for Business Owners Navigating COVID-19, part 2 Tips for Business Owners Navigating COVID-19,...
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