Checklist for business owners
Key areas to focus on during the coronavirus pandemic and beyond
The devastating economic impact of the COVID-19 public-health crisis has left many business owners overwhelmed. This checklist is intended to help you focus your attention on some key areas and strategies.
Contact your accountant
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Take advantage of tax and installment payment extensions and sales tax remittance extensions. |
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File tax returns quickly if a refund is expected. |
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Benefit from accounting advice in times of crisis: |
- To manage complexity
- To manage cash flow and liquidity
- To manage the numerous and fast-paced change in rules.
Remember, good bookkeeping is essential!
Leverage government aid measures
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Canada Emergency Response Benefit (CERB). |
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Canada Emergency Wage Subsidy (CEWS). |
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Temporary Wage Subsidy (TWS). |
Please refer to a summary of publicly funded economic support measures for business owners.