Tax Measures Under Canada’s COVID-19 Economic Response Plan

On May 27, 2020[121], the Government of New Brunswick announced that it will not proceed with the phased-in property tax reductions (on the provincial property tax on non-owner-occupied residential properties) that had been proposed in the 2020-2021 budget due to the government’s fiscal and economic deterioration.

Newfoundland and Labrador Tax Measures

On April 7, 2020, the Government of Newfoundland and Labrador issued a Public Advisory[122] extending tax return filing deadlines and remission of interest and penalties. On June 8, 2020, it issued another Public Advisory[123] that further extended tax return filing deadlines:

Measures for businesses

  • The deadline to file and pay International Fuel Tax Agreement returns for the first quarter of 2020 (January 1, 2020, to March 31, 2020) ordinarily due on April 30, 2020, from interjurisdictional carriers, under section 8 of the Revenue Administration Regulations, is extended to June 1, 2020.
  • The deadline to file all other tax returns under the Revenue Administration Act and Regulations (except tax returns required from interjurisdictional carriers), which would normally be due between March 20, 2020, and July 31, 2020, is extended to August 20, 2020, including:
    • Gasoline Tax
    • Carbon Tax
    • Health and Post-Secondary Education Tax
    • Insurance Companies Tax
    • Mining and Mineral Rights Tax
    • Tax on Insurance Premiums
    • Tobacco Tax

    [124]

  • WorkplaceNL[125]’s COVID-19 employer relief measures for late payments (clearance, interest and penalties) expired on August 31, 2020. By September 30, 2020, employers must settle or arrange payments for their outstanding account balances.
  • Taxpayers that cannot make payments when due as a result of COVID-19 can submit a written request to the Department of Finance, Tax Administration Division, at [email protected][126] for a remission of interest and penalties. Requests will be reviewed on a case-by-case basis.

On March 22, 2020, the Government of Newfoundland and Labrador issued a Public Advisory[127] that in person tax administration services are temporarily suspended.

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