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- Toronto Property Listings, - Buy & Sell Property in Toronto Canada - Residential and Commercial Properties - Condo and Investment Properties. - Land Development Investment - Tax News GTAMLS.CA Join link: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Olive Residences Yonge & Finch
Please call for reservation
416-473-8225

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https://www.thestar.com/life/homes/2022/04/27/budget-22-may-rattle-the-resale-of-pre-built-condos.html https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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'Potential for double-digit price growth could continue' for GTA housing: TRREB https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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We incorporate Realtors Corporation: Share with Friends: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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COVID-19: Financial help if you are outside Canada : https://travel.gc.ca/assistance/emergency-info/financial-assistance/covid-19-financial-help Share: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Government Extends CERB, Announces Replacement Benefits by Sep. 27th 2020 Share with friends: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Extended Deposit Structure :
5% in 2020 ($5,000 at Signing. Balance of 5% in 30 days)
5% in 2021 (180 days)
5% in 2022 (510 days)
5% at Occupancy Share with friends: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Tax Deadlines Extended to September 30, 2020
Payment due dates for individual, corporate, and trust returns are extended to Sep 30, 2020, from Sep 1, 2020. No penalties or interest will be charged, including the late-filing penalty, as long as the return is filed by Sep 30th - but October estimated benefits/credits may be affected! Interest on existing tax debt is waived for certain periods.
CRA has not announced that the extension applies to other information returns, elections, etc, such as the T1135. Share Link: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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https://www.canada.ca/en/revenue-agency/services/child-family-benefits/covid-19-gsthstc-increase.html
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We wanted to share some additional details about the Canada Emergency Business Account (CEBA), which was announced by the Government of Canada on March 27.
What is it?

• It’s a $40,000 government guaranteed loan to help eligible businesses pay for operating expenses, payroll and other non deferrable expenses which are critical to sustain business continuity.

• Until December 31, 2020, the Canada Emergency Business Account will be funded as a revolving line of credit for $40,000.

• After December 31, 2020, any outstanding balance on the revolving $40,000 line of credit will be converted into a non revolving 5 year term loan maturing on December 31, 2025, at which time the balance must be paid in full.

• No interest applies until January 1, 2023.

• Commencing on January 1, 2023, interest accrues on the balance of the term loan at the rate of 5% per annum, payable monthly on the last day of each month.

• If you pay 75% of the balance of the term loan (as at January 1, 2021), on or before December 31, 2022, the remaining balance of your term loan will be forgiven. For example, if your balance is $40,000 on January 1, 2021 and you repay $30,000 on or before December 31, 2022, the remaining $10,000 will be forgiven.

• If you do not repay 75% of the balance of the term loan (as at January 1, 2021) on or before December 31, 2022, the full loan balance and all accrued and unpaid interest will be due and payable on December 31, 2025. Share: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Canada's banks are preparing to start offering government-backed loans to small businesses as soon as next week amid a flood of requests for relief from business owners.

Banks have been rushing to roll out a program by which the federal government will guarantee loans of up to $40,000 interest-free until the end of 2022.

The loans are part of a package of measures announced late last week by federal Finance Minister Bill Morneau, offering relief for small- and medium-sized businesses suffering from restrictions put in place to curb the spread of the new coronavirus.

On Wednesday, Canadian Imperial Bank of Commerce announced it is launching a digital application process for the loans, and expects to make them available during the week of April 6. Banks are expecting hundreds of thousands of businesses to apply, and are already fielding large volumes of calls from clients requesting to defer payments on mortgages and other loans and credit products.

While banks had initially asked the federal government for as long as three weeks to roll out the program, it soon became clear that small businesses needed relief sooner than that, according to a source familiar with the discussions.

The Globe and Mail is granting the source anonymity because they are not authorized to discuss the matter. share with friends : https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Prime Minister Justin Trudeau arrives to address Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on April 1, 2020.
FEDERAL POLITICS
Justin Trudeau says Canadians impacted by COVID-19 will be able to apply for emergency financial help on Monday ! Share with Friends: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Call us for more information
https://www.instagram.com/tv/Ch5z_PSgOfF/?igshid=MDJmNzVkMjY=

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Change in Use of a Residence
- What Happens if I Move into my Rental Property, or Start Renting out my Home?
Income Tax Act s. 45(1), 45(2), 45(3), 13(7)
Deemed Disposition
When there is a change in use of real estate, either from income-producing to personal-use (e.g., principal residence or cottage/second home), or from personal-use to income-producing, there is a deemed disposition. The owner is deemed to have disposed the property. share with friends: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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100 Acres Land beside BOTT'S LAKE $ 2,580,000 Share:https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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https://www.instagram.com/p/CGf3M8dnmoM/?igshid=1hedissajek0f

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Housing Market Snapshot for July 2020: A Record-Breaking Month for Home Sales: Share: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Tax Return Due Date, Tax Payment Deferrals
The 2019 personal tax return deadline is extended to June 1, and tax balances and instalments may be deferred till September 1st without interest or penalties. However, if you are expecting a refund, or if you receive or will receive the GST/HST credit, Guaranteed Income Supplement (GIS) or Canada Child Benefit (CCB), or other income-tested benefits (e.g. BC Pharmacare, for which you must register), it's best to file your return as soon as possible.

Update July 27, 2020: The payment due date is extended from September 1, 2020 to September 30, 2020 for current year individual, corporate, and trust tax returns, including instalment payments. Penalties and interest will not be charged if payments are made by the extended deadline of September 30th. This includes the late-filing penalty as long as the return is filed by September 30th. Share with Friends: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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https://www.cbc.ca/news/politics/canada-revenue-agency-cra-cyberattack-1.5688163

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Commercial Proprties for High-rise Condos, and Townhouse in Greater Toronto are available.
Please call : 416-473-8225 for more information.
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43: Lenin's Tomb
خلاصه‌ی کتاب «مقبره‌ی لنین: آخرین روزهای امپراتوری شوروی»
اپیزود ۴۳ پادکست بی‌پلاس

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COVID-19 Symptom Self-Assessment Tool: https://ca.thrive.health/covid19/en Share: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Who gets the GST increase

You will get the extra payment amount automatically if you normally receive the GST/HST credit and have filed a 2018 tax return. Payments will be issued on April 9, 2020.
If you were previously not entitled to the GST/HST credit, but have filed your 2018 tax return, you may also get the one-time credit amount based on your family net income.
The amount you receive will be calculated based on information from your 2018 income tax and benefit return. Therefore, if you didn't file taxes for 2018, you won't receive this payment.
If you're late in filing your 2018 taxes, we encourage you to file as soon as possible. You may be eligible for retroactive benefits and credits. The only way to get them is to file.
If you're not entitled for the extra GST/HST credit amount, you may be eligible for the Canada Emergency Response Benefit.

How much is the increase

The one-time payment will be calculated based on information from your 2018 tax return.
The maximum amounts for the 2019-2020 benefit year will increase from:

$443 to $886 if you're single

$580 to $1,160 if you're married or living common-law

$153 to $306 for each child under the age of 19 (excluding the first eligible child of a single parent)

$290 to $580 for the first eligible child of a single parent.

There will be no changes to:

The family net income used to calculate the amount.

The family net income used to calculate the single supplement.

The current shared custody rules apply (shared custody parents get half of the amount they would otherwise receive in respect of a shared custody child).

Example:

Sam is single. For the 2019-2020 benefit year, he received an annual base credit amount of $290. His GST/HST credit entitlement is $290 (four quarterly payments of $72.50). His one-time supplementary payment will be $290.
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Feds announce 75% wage subsidy, $40,000 interest-free loans for business, https://www.thelawyersdaily.ca/articles/18358/feds-announce-75-wage-subsidy-40-000-interest-free-loans-for-business-deferral-of-import-duties Share: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Banks will start offering government-backed loans to small businesses next week. https://www.theglobeandmail.com/business/article-banks-will-start-offering-government-backed-loans-to-small-businesses/ Share with Friends: https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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Government of Canada Benefits Program: https://srv138.services.gc.ca/daf/navigate?GoCTemplateCulture=en-CA&sid=ca28d6cc-322a-4554-9b8e-d0097d98508d Share Link : https://t.me/joinchat/AAAAAEEu8hCBFeQwkiuxxA

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