Personal Tax
Recipients of 2020 COVID-19 Relief Benefits Receive Interest relief until 2022
Although the FILING DEADLINE for 2020 tax returns is still April 30, 2021, recipients of any 2020 COVID-19 Relief Benefits will not be charged interest on their 2020 tax liability until 2022.
This means that taxpayers who received CERB, CESB, CRB, CRCB, CRSB, EI benefits, or similar provincial emergency benefits during 2020 will not be charged interest on any outstanding tax owing for the 2020 tax filing until April 30, 2022.
Related posts