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22.01.2021 / 21:59

CRA says it will determine if artistic grant money counts as income for CERB case by case

Canada Revenue Agency (CRA) is looking to clear up confusion over whether artistic grant money counts as income for the purposes of qualifying for emergency coronavirus relief benefits.Reports this week suggested the CRA backtracked on its original guidance to artists that grants don’t count as income for the purposes of qualifying for the Canada Emergency Response Benefit (CERB) threshold, which is $5,000 net income in 2019 or in the 12 months prior to the application.But the CRA told Global News it depends on the individual case.“Artists and writers may receive a grant in the course of their business or employment, depending on the artist’s situation, that is considered employment or self-employment income (business income) for tax and

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