Am I allowed to receive rental income while taking CERB?
Lost job, but still have some rental income greater than $1000 per month. I am currently taking CERB, is this ok?
World cup is coming
Jul 3rd, 2020 10:49 am
Jul 3rd, 2020 11:02 am
Jul 3rd, 2020 12:48 pm
Rental income = self-employment income, right? It is just like you earn $ renting a place to someone.Cantona18 wrote: ↑ As far as I know CERB only applies to your employment income. So if you have investment income, that would not have an effect on your CERB eligibility.
From the website:
What counts towards the $1,000 in income I can earn?
The $1,000 includes employment and/or self-employment income. This includes among others: tips you may earn while working; non-eligible dividends; honoraria (e.g., nominal amounts paid to emergency service volunteers); and royalties (e.g., paid to artists).
However, royalty payments received from work that took place before the period for which a person applies for the Canada Emergency Response Benefit do not count as income during that specific benefit period.
Pensions, student loans and bursaries are not employment income and therefore, should not be included in the $1,000.
Applications will be verified against tax records to confirm income.
https://www.canada.ca/en/services/benef ... quirements
Jul 3rd, 2020 10:33 pm
Jul 3rd, 2020 11:01 pm
Jul 4th, 2020 10:50 am
Jul 4th, 2020 4:56 pm
Income from your property can be rental income or business income.