Revenue Canada Wage Subsidy Calculator

Calculate your revenue drop and subsidy rate.

Revenue canada wage subsidy calculator. This calculator will help you to determine some specific line amounts that you will need to enter into the cews application form once it becomes available. Eligible employers will be asked to input the number of eligible employees they. A proposal has been made to continue the cews until june 2021 including possible changes to the rates and top up calculation. The canada revenue agency cra has launched an updated online calculator for the canada emergency wage subsidy cews.

Determine the maximum weekly wage subsidy mwws allowable section a section b section c this sample subsidy calculator demonstrates how an employee s subsidy can be calculated during the operational phase of the temporary wage subsidy scheme. Welcome to grantmatch corp s canada emergency wage subsidy cews estimation calculator. The federal government recently launched a new canada emergency wage subsidy cews calculator on the canada revenue agency website. Are based on the grantmatch team s technical assessment and interpretation of the canada revenue agency s.

There s now a wage subsidy calculator on the canada revenue agency cra website designed to help canadian companies keep employees on the payroll. Compare the baseline revenue options. As a canadian. If you enter 0 as your amount for the 10 temporary wage subsidy for employers in your cews.

The updates are aimed to help employers prepare to apply for the fifth period of the cews which will open for applications on august 17. Canada revenue agency cra has launched an online calculator to help employers estimate the amount of wage subsidy they can expect if they apply for the canada emergency wage subsidy cews. The purpose of this calculator is to provide the user with the opportunity to estimate their cews amount for the selected claim period. Temporary wage subsidy be less than 10 of the remuneration you paid so that you can receive a higher amount of canada emergency wage subsidy.

This calculator is intended to help eligible employers. The canada emergency wage subsidy has enabled employers across the country to keep or re hire millions of canadians stated lebouthillier. The new online calculator allows employers applying to the canada emergency wage subsidy cews to determine how much they can expect to claim through the subsidy. The cews calculator can be found on cra s canada emergency wage subsidy web page.

Applications for claim period 8 september 27 2020 to october 24 2020 are now open. Read the october 14 announcement and check back soon for details.