Maroof HS CPA Professional Corporation, Toronto

Canada@MaroofHS.com | 320 Bay St, Suite 469, Toronto ON M5H 4A6 Canada

Tag: CEBA

CEBA

When to include forgivable portion of ceba loan
Corporate Tax - Canada

Forgivable Portion of CEBA and Income Inclusion

Many businesses in Canada have taken advantage of Canada Emergency Business Account (CEBA). The initial program offered $40,000 with 1/4 i.e. $10,000 is forgivable if certain conditions are met. Later on, the program expanded and

Read More »
Alternatives to CEBA in Canada
COVID-19

5 Alternatives to CEBA

Canada Emergency Business Account (aka CEBA) has been the most talked-about government support program for small businesses. Since its launch, it has helped many small businesses with the liquidity pressures faced during the pandemic. Many

Read More »
When to include forgivable portion of ceba loan
COVID-19

Non-Deferrable Expenses Stream – CEBA

Almost a month ago, in May, the government announced expanded eligibility for Canada Emergency Business Account (CEBA). Previously, only the businesses with a minimum of $20,000 in payroll were eligible. After facing a lot of criticism and

Read More »
How to get CEBA loan without payroll account
COVID-19

Expanded CEBA Program for Small Businesses

The Government had rolled out its  Canada Emergency Business Account (CEBA) to support small businesses due to pandemic. Since the start of the program there has been a much criticism over the “exclusion” of certain

Read More »
CEBA Payroll stream vs non deferrable expenses stream
Corporate Tax - Canada

Can I do back-filing of T4 and get CEBA Loan?

Canada Emergency Business Account (CEBA) is a loan program announced by the government of Canada to support small businesses in meeting their operational needs. You can find more information about this program from your bank.

Read More »
Scroll to Top