Trudeau Offers Temporary Tax Relief on Canadian Covid Benefits
- Government waiving interest on unpaid debts for one year
- Unqualified self-employed beneficiaries also receiving amnesty
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Prime Minister Justin Trudeau announced tax relief for beneficiaries of coronavirus-related income support, temporarily clearing a potential economic and political minefield for his government.
Canada’s revenue agency won’t charge people interest on overdue taxes from benefit programs for at least one year, Trudeau said Tuesday. The government will also provide amnesty to self-employed individuals who received benefits without qualifying.