Tax Filing Has Gotten More Complicated For Canadians Since The Pandemic, and Why The CRA Rejected Pleas For An Extension On Tax Filing
Canadians are struggling financially and emotionally. Those who earn less than $75,000pa and accessed the government benefits, won’t be charged interest by the CRA on tax amounts owing until 2022. Taxpayers will be hit with a 5 percent penalty on late filing, even if they can’t get reliable internet connection…