Entrepreneurship & Small Business

CEBA - Haven't filed 2019 Taxes, 2019 Payroll $20,000

  • Last Updated:
  • Mar 27th, 2021 10:10 am
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Deal Addict
User avatar
Jun 12, 2003
2989 posts
135 upvotes
Markham

CEBA - Haven't filed 2019 Taxes, 2019 Payroll $20,000

Hi guys

Totally my fault for being disorganized with my accounting. I haven't filed 2019 taxes and my 2018 only has $13k in payroll. My accountant is currently doing my 2019 bookkeeping however I'm not sure if we can make it for the March 31, 2021 deadline.

Do I have any other options?
5 replies
Sr. Member
User avatar
Nov 23, 2014
539 posts
473 upvotes
Toronto, ON
You can apply if you have over $40k /year recurring expenses ,with out payroll
Deal Fanatic
Jul 26, 2007
7579 posts
5272 upvotes
Toronto
I got the ceba without filing 2019 t2. Payroll and hst were all up to date however. If the new requirements are to file t2, better hurry up and send her in.
Jr. Member
Mar 21, 2013
178 posts
7 upvotes
Toronto
Would tax installment payments be considered non deferrable eligible expense?
Sr. Member
User avatar
Nov 23, 2014
539 posts
473 upvotes
Toronto, ON
Faith786 wrote: Would tax installment payments be considered non deferrable eligible expense?

I don't think so.They are liabilities and not expenses

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