ShellnuttAccountants @ShellnuttCPA
Chartered Professional Accountants providing public accounting services since 1973. shellnutt.com Dartmouth, NS Joined September 2012-
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There's a lot of financial programs being released for small business but the details are still sketchy. Stay tuned.
Big news- PM Trudeau boosts wage subsidy, up from 10% to 75% for qualifying businesses.
My initial reaction to Trudeau's 75% wage subsidy and $40,000 government loan program is positive. Now we wait for details.
Don't forget the 10% wage subsidy effective for wages paid March 18th.
If you are EI exempt and want to access the emergency support benefit you need to be registered with CRA's MyAccount tiny.cc/gh1vlz
We've run out of paper ROE forms. If you haven't yet, sign up for ROE Web with Service Canada tiny.cc/5vmslz
10% wage subsidy for employers is for wages paid between March 18 - June 20, 2020. Subsidy claimed as a reduction to source deductions and it is considered income to the business.
We are limiting public access to our office. Please call ahead if you’re picking up or delivering
We are cancelling all face to face meetings and they will be replaced with phone or online options
We are working through all the newly released information from the Prime Minister and Finance Minister. Stay tuned.
Shout out to Ian for the coffee! Thanks we all appreciate it.
We are currently processing a large number of ROEs. We ask for patience. Thank you.
We are limiting our regular pick and delivery service as well as non-essential meetings
We are open as normal but are respecting all COVID precautions.
PEI’s ending their provincial nominee program #PEIendsPNP
56% of NS employers will pay the same or less WCB in 2019. 44% will see an increase.
Our office will be closed for the Christmas Holiday and will re-open Wednesday, December 27th. Merry Christmas and Happy Holidays.
How can Trudeau recover from the small biz political fumble? I don't know if he can. Like it or not he opened the door for the PCs.
Why small business owners are so angry at their government: CFIB comment business.financialpost.com/wcm/91b56f76-6… via @nationalpost

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