BC Small Business Recovery Grant

Contact our experts at info@sstaxes.ca  

Documents Required for BC Small & Medium Business Recovery Grant by Sole Proprietors or Partnerships

1. Name of Business - if business is already registered in BC.   Please forward the e-mail from One Stop Registry along with attachment

2. If not registered, then three business names, your name,   address, SIN, e-mail, and phone number required for name approval and   registration in BC

3. Nine digit business number if your business is already registered in BC

4. Your name and address 

5. E-mail & phone number

6. BC Service Card number

7. Month wise Gross Revenue for the last 24 months or in 2019 &   2018. If you are using cash method, then Jan 2021 Gross Revenue too. Example   of documents are Black Top Taxi Service's monthly assessments or yearly statement with month   wise breakdown.

8. All pages of Notice of Assessments for 2018 & 2019 in pdf

9. T2125 and first two pages of your T1 General of personal   information in pdf. These documents are part of your T1 General. You can get   pdf copy of your tax returns from your accountant.

10. You must prove that   you have a decline in revenue of at least 30% in any point in March or April   2020 as compared to the same months of 2019 (Reduced from 70%) and after that   from May to Dec 2020 a decline of 30% at any point of time

11. Your business must be   active, and you have no intention to close it.

12. Please send the Notice   of Assessments, T1 General in PDF file attachment by e-mail. The other   information you can mention in e-mail.

Note: These are the   basic requirements to apply for BC Small & Medium Business Recovery Grant   Application. For complete list of eligibility please visit BC Govt.'s website

https://www2.gov.bc.ca/gov/content/economic-recovery/business-recovery-grant#eligibility.

BC Govt. has extended the last date to apply to August 31, 2021 or until the   funds are fully expended, whichever comes first.