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Self-employed and facing CERB repayments? There may be a simple fix, tax experts say

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Did you receive CERB? Experts say plan now for tax time Canada’s tax agency has said it’s been contacting CERB recipients for whom it can’t confirm employment or self-employment income of at least $5,000 in 2019 or in the 12 months prior to applying, which was one of the eligibility requirements for the benefit.The letters say that, for self-employed Canadians, the qualifying income had to be “net pre-tax income,” which means gross income minus expenses, according to the CRA.Some self-employed Canadians who applied for CERB based on their income before claiming expenses and have less than $5,000 in net income now say they worry they’ll have to repay up to $14,000 worth of benefits, according to numerous social media posts and news.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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