Canada operates a unique tax system. The entire system may be confusing for new business owners. We’ve distinguished between federal and provincial taxes to aid easy understanding and tax-compliant operations.
Generally, business taxes vary depending on your country of residence. This article will look into the various types of taxes in Canada. This should be foundational knowledge for you as a business owner to enable hitchless operation in the country.
Canada takes taxes seriously. As a small business owner, the Canadian government expects that you file your income tax each year. In this article, you’ll learn in detail what happens when you don’t file taxes in Canada.
The Canadian income tax system is a progressive tax system requiring Canadians to pay a combination of taxes. This article highlights some obligations every business founder should be aware to navigate this complicated tax landscape.
When owning a business, one of the most complex things you have to deal with is filing and paying taxes. Doing it on your own can be very complicated and risky. The best and most advisable thing to do is to have a Certified Public Accountant by your side to help you manage your taxes[…]