COVID-19 Financial Resources for BC Not-for-Profits: Employers and Workers
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COVID-19 Financial Resources for BC Not-for-Profits: Employers and Workers This resource page focuses on the financial resources made available by the federal and provincial governments in response to COVID-19 that not- for-profit organizations can access as employers and share with all employees and workers. Please note that information is constantly changing and thus, while care and effort is made to keep this resource page updated, the information can become outdated quickly. Last updated: April 5, 2020 at 3:30PM Go to: 1. Employers – Avoiding layoffs 2. Employers – Accessing credit and other flexibility measures 3. Workers who cannot work and/or are laid off starting April 6 th – Accessing benefits 4. Workers who cannot work and/or are laid off prior to April 6th – Accessing benefits 5. Other federal benefits 6. Other provincial benefits 7. Other resources about COVID-19 benefits
Employers - Avoiding layoffs Your organization is still open, however, there is a temporary reduction in your organization’s activities and/or reduction in revenue levels, and you want to avoid layoffs: Federal Resource Eligibility Important Notes Extended Work-Sharing Program Employers: All non-profit employers Employers: submit application 10 calendar Available now – click to apply/more info! experiencing shortage of work due to a reduction days prior to requested start date. Please of activity and/or reduction in revenue levels due review official website. Reduced work and work sharing measure: to COVID-19 eligible employees agree to reduce normal Norton Rose Fulbright’s legal update (March working hours, as well as share available Employees: Core staff, eligible to receive EI 31, 2020) reduced work with other employees. benefits, must agree to reduce normal working Employees are paid EI benefits. Up to 76 hours by same percentage as other employees weeks (17 months) between March 15 2020 and share available work, staff essential to to March 14, 2021. recovery and organization’s operations Ineligible employees: seasonals, co-op/summer students, hired for casual/on-call/through temporary help agency, self-employed Temporary 10% Wage Subsidy for Employers Employers: All non-profit employers that have an Employers: manually calculate the subsidy Available now – click to apply/more info! existing business number and payroll program based on the CRA’s guidelines. Keep records account with CRA on March 18, 2020, and pay of all information used to determine the Wage subsidy measure: reduce 10% of salary, wages, bonuses, or other remuneration to subsidy: total remuneration paid during current payroll remittance of federal, an eligible employee applicable period, taxes that deducted, # of provincial income tax that is sent to CRA by employees who were paid. Please review amount of the calculated subsidy (i.e. pay Employees: must be employed in Canada official website. less). For period between March 18 to June Note: Only reduces remittance of federal, provincial or territorial 19, 2020. Up to $1375 for each employee, income tax, not Canada Pension Plan contributions or maximum $25,000 total per employer. Employment Insurance premiums – continue deducting those
Canada Emergency Wage Subsidy Employers: All non-profit employers Revenue would be calculated using Updates coming – click for current info! experiencing at least 30% reduction in revenue. organization’s normal accounting method. May be eligible of up to 100% of the first 75% of Government will ensure definition of Wage subsidy measure: 75% wage subsidy to pre-crisis salaries of existing employees and revenue is appropriate for the sector eligible employers. Up to 12 weeks between should contribute 25% to maintain existing (updates coming). Please review official March 15 to June 6, 2020. No overall limit per employees’ pre-crisis earnings. website. employer. Employees: exiting and new employees Ineligible employees: If any employees are on the Canada Emergency Response Benefit (CERB), wage subsidy cannot apply to them Provincial Resource Eligibility Important Notes New COVID-19 Leave Employees unable to work for any of following: Please see official website Now in effect – click for more info! • Diagnosed with COVID-19 and following medical instructions Changes to BC Employment Standards Act: • Quarantined/self-isolating Job protected, unpaid leave for eligible • Directed not to work by employer employees • Provide care to minor child/dependent adult who is their child or former foster child for COVID-19 related reasons • Outside of BC and unable to work due to travel/border restrictions • Can take this leave as long as needed • Doctor’s note not required Attn employers and workers: Understand BC’s Employment Standards Act General operating funds If your organization receives funding from the Details TBA, March 24, 2020 Government of BC: funding will continue
Temporary Emergency Funding for Child If your organization is a licensed child care Please see official website Care Providers provider: enhanced operating funding available Available now – click to apply/more info! from Government of BC. See here for full eligibility details. BC Arts Council and Ministry of Tourism, Arts BC Arts Council Arts and Culture grant recipients Please see official website and Culture’s COVID-19 Response Plan and applicants Available now – click to apply/more info!
Employers – Accessing credit and other flexibility measures Additional non-profit sector relevant measures that are part of Canada’s COVID-19 Economic Response Plan: Federal Resource Eligibility Important Notes Canada Emergency Business Organizations that can demonstrate total 2019 payroll is This program will roll out in the three weeks Account between $50k to $1 million after March 27, and interested Coming soon – latest info here businesses should work with their current financial institutions. Please see official Interest-free loan: up to $40k website. for operating costs, 25% of loan will be forgiven if the loan is repaid by December 31, 2022 Deferring T3010 filing: Registered charities with Form T3010 due between March 18 Please see official website extended until December 31, and December 31, 2020 2020 Deferring GST/HST remittances: All organizations that charge GST/HST for Please see official website extended until June 30, 2020 programs/services/products Please see official FAQ Deferring business income tax: Social enterprises that have income tax payments that become Please see official website extended until September 2020 owing on or after March 18 and before September 2020. This relief would apply to tax balances due, as well as instalments, under Part I of the Income Tax Act. Provincial Resource Eligibility Important Notes Deferring Employer Health Tax Charitable and non-profit employers that must pay instalments Please see official website instalment payments until after if their employer health tax in the previous calendar year September 30, 2020 exceeded $2,925
Other tax and revenue changes Please see official website Check for latest info here Workers who cannot work and/or are laid off starting April 6th – Accessing benefits EI eligible and non-EI eligible workers who have stopped working because they are sick/self-isolating/quarantine/caring for sick/caring for children who cannot go to daycare or school/laid off and need to access temporary income support: Federal Resource Eligibility Important Notes Canada Emergency Response Benefit (CERB) All workers who: Please review official Available now – click to apply/more info! website • Reside in Canada Temporary income support: $2000 for 4 weeks • At least 15 years old Dr. Jennifer Robson’s Benefit (taxable benefit), up to 16 weeks for period between • Stopped working because of COVID19 OR are eligible Information Guide March 15 to October 3, 2020 for EI Regular or EI Sickness benefits • Must apply for every 4- • Had at least $5k income in 2019 or past 12 months Attn Workers: If you are eligible for EI Sickness or EI week period on different • Are or expecting to be without employment or self- Regular benefits, your claim will be automatically weekdays based on your employment income for at least 14 days in the initial 4- processed as CERB starting April 6th . Cannot quit job month of birth week period (i.e. at least 14 days between March 15 to in order to get CERB. • If cannot apply online, April 11 2020) call: 1-800-622-6232 • Are or expecting to be without employment or self- • Payments by direct employment income from April 12 onward (must wait deposit or cheque; direct for next 4-week period application to open) deposit will be faster Each payment is for 4-week period, if situation of no • If situation continues income continues then apply for additional 4-week after 16 weeks, can go on period, up to maximum 16 weeks (i.e. max 4 periods, or 4 EI benefits if eligible applications total)
Important Note: EI Sickness and EI Regular benefits will be automatically processed as CERB starting April 6 th. All other EI benefits, including maternity, parental, caregiving, fishing and work sharing, will continue to be processed as EI Employment Insurance Available now – click to apply/more info! Attn Employers: Understand your employer responsibilities EI Caregiver Benefit Workers who cannot work because caring for someone Please review official Apply now – click to apply/more info! who is sick, AND are EI eligible (paid into EI and worked at website least 600 hours in last 52 weeks). If you are not eligible for Temporary income support: Between 15 to 35 this, apply for the CERB (see above). Dr. Jennifer Robson’s Benefit weeks; up to 55% of earnings or $573 a week, Information Guide whichever less Additional EI caregiver supplement/top-up: ask your employer about this Supplemental Unemployment Benefit Program Employees who are on EI Sickness or EI Regular benefits Please review official Confirmation pending if this program will work website with CERB starting April 6 Norton Rose Fulbright’s legal Temporary income support: Employer paid update (March 31, 2020) supplement/top-up to increase employee’s earnings when they are unemployed due to a temporary stoppage of work, training, illness, injury or quarantine Provincial Resource Eligibility Important Notes BC Emergency Benefit for Workers BC residents who receive federal EI or CERB (are unable to Please review official Coming soon – latest info here work) website Temporary income support: one-time tax-free $1k payment
New COVID-19 Leave Employees unable to work for any of following: Please see official website Now in effect – click for more info! • Diagnosed with COVID-19 and following medical instructions Changes to BC Employment Standards Act: Job • Quarantined/self-isolating protected, unpaid leave for eligible employees • Directed not to work by employer • Provide care to minor child/dependent adult who is their child or former foster child for COVID-19 related reasons • Outside of BC and unable to work due to travel/border restrictions • Can take this leave as long as needed Doctor’s note not required Attn employers and workers: Understand BC’s Employment Standards Act
Workers who cannot work and/or are laid off prior to April 6th – Accessing benefits Workers who are non-EI eligible can prepare to apply for the CERB starting April 6 th EI eligible workers who have stopped working because they are sick/self-isolating/quarantine/caring for sick/caring for children who cannot go to daycare or school/laid off and need to access EI benefits: Federal Resource Eligibility Important Notes EI Sickness Benefit Workers who need to take sick leave because • Do not need doctor’s note for Apply now – click to apply/more info! ill/self-isolating/have to quarantine, AND are EI COVID19 eligible (paid into EI and worked at least 600 • One-week waiting period is hours in last 52 weeks) waived Temporary income support: Up to 15 weeks; 55% of • If cannot complete claim, may earnings up to maximum of $573 a week apply later and have claim backdated to cover period of delay but apply ASAP if possible Dr. Jennifer Robson’s Benefit Information Guide BCGEU’s Accessing EI During COVID- 19 EI Caregiver Benefit Workers who cannot work because caring for Dr. Jennifer Robson’s Benefit Apply now – click to apply/more info! someone who is sick, AND are EI eligible (paid into Information Guide EI and worked at least 600 hours in last 52 weeks) BCGEU’s Accessing EI During COVID- Temporary income support: Between 15 to 35 weeks; 19 up to 55% of earnings or $573 a week, whichever less
EI Regular Benefit Workers who are laid off, AND are EI eligible (paid Dr. Jennifer Robson’s Benefit Apply now – click to apply/more info! into EI and worked about 700 hours* in last 52 Information Guide weeks) BCGEU’s Accessing EI During COVID- Temporary income support: Typically, 55% of average *The exact hours depends on where you live. If 19 insurable weekly earnings up to a maximum of $573 a you have access to a computer or mobile phone, week use this search tool to find out the rules where you live Supplemental Unemployment Benefit Program Employees who are on EI Sickness or EI Regular Please review official website Apply now – click to apply/more info! benefits Norton Rose Fulbright’s legal Temporary income support: Employer paid update (March 31, 2020) supplement/top-up to increase employee’s earnings when they are unemployed due to a temporary stoppage of work, training, illness, injury or quarantine Provincial Resource Eligibility Important Notes BC Emergency Benefit for Workers BC residents who receive federal EI or CERB (are Please review official website Coming soon – latest info here unable to work) Temporary income support: one-time tax-free $1k payment New COVID-19 Leave Employees unable to work for any of following: Please see official website Now in effect – click for more info! • Diagnosed with COVID-19 and following medical instructions Changes to BC Employment Standards Act: Job • Quarantined/self-isolating protected, unpaid leave for eligible employees • Directed not to work by employer
• Provide care to minor child/dependent adult who is their child or former foster child for COVID-19 related reasons • Outside of BC and unable to work due to travel/border restrictions • Can take this leave as long as needed Doctor’s note not required Attn employers and workers: Understand BC’s Employment Standards Act Other federal benefits from Canada’s COVID-19 Economic Response Plan a. Support for individuals b. Support for families c. Support for industries Other provincial benefits from BC’s COVID-19 Action Plan d. COVID-19 Economic Development Resources for B.C. Businesses and Communities Other resources about COVID-19 benefits e. MLA Bowinn Ma’s Government Financial Supports Summary f. Harris & Company LLP’s COVID-19 Benefit Options Summary and COVID-19 updates g. Dr. Jennifer Robson’s Benefit Information Guide
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