The Canada Revenue Agency is ramping up efforts to recover overpayments of pandemic-related benefits to individuals as more than $9 billion remains owed.
“Our primary goal is to encourage individuals to contact us so we can work together to find the best way to resolve their debt, ensuring a fair and manageable process for everyone,” spokeswoman Sylvie Branch said in an email. The CRA said it’s still trying to get about $9.53 billion paid back from individuals who were ineligible including $5.41 billion from the Canada Emergency Response Benefit, $2.67 billion from the Canada Recovery Benefit and $1.25 billion from the Canada Recovery Caregiving Benefit.
Those who are told they owe can ask for two reviews of the conclusion, where they’re given the opportunity to try and prove they qualified, said Dale Barrett, founder and managing lawyer of Barrett Tax Law. There have been more than 1,000 people who have challenged the findings in Federal Court and some people have been successful, against the odds, in securing another review after self-representation.
Source: Law Daily Report (lawdailyreport.net)
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: DCN_Canada - 🏆 17. / 74 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: SooToday - 🏆 8. / 85 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »