Know about your interest relief on your income tax debt for the year 2020
Received #COVID19 benefits in 2020? If you owe tax when filing your return, you may be eligible for interest relief on your income tax debt. Once your 2020 return is filed, you won’t need to pay interest on what you owe until April 30th, 2022.
Government of Canada addresses CERB repayments for self-employed individuals and announces interest relief on 2020 income tax debt due to COVID-19 related income support.
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