Tuesday, December 15, 2020

REPAYING CERB BENEFITS

The Canada Revenue Agency says it has sent out 441,000 letters warning individuals that they may not be eligible for the Canada Emergency Response Benefits they received.

Described as "education letters" by a CRA spokesperson, the letters were sent to those for whom the agency said it was "unable to confirm ... employment and/or self-employment income of at least $5,000 in 2019, or in the 12 months prior to the date of their application" — one of the key criteria for the CERB program.

The new figure provided by CRA suggests how broad the problem might be. According to federal figures, 8.9 million Canadians applied for CERB. That means nearly 5 per cent of applicants have received letters saying they may not be eligible and could be forced to repay benefits.

No comments:

Post a Comment