CERB Repayment: Do This to Avoid the CRA’s December 31st Payback Demand
The CRA wants its CERB money back. And it wants it no later than December 31. In recent weeks, the CRA has been sending out letters demanding re-payment to hundreds of thousands of CERB recipients. The agency thinks that about 213,000 Canadians received the benefit in error. They have until the end of the holidays to pay up.
If you received the CERB and have already received a repayment letter, there’s not much you can do. Experts generally recommend paying up any CERB money you owe, because challenging the CRA’s assessment is unlikely to succeed.
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Andrew Button
Original Article Posted on: December 15, 2020
Link to Original Article: https://www.fool.ca/2020/12/15/cerb-repayment-do-this-to-avoid-the-cras-december-31st-payback-demand/