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Saving & retirement 2 min
Retirement lowered your income. Tell Service Canada.
A retirement-related income drop may support a current-year income estimate instead of the usual prior-year basis.
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Working for yourself 2 min
What your HST invoice needs to explain
Use a complete invoice template and check the current $100 and $500 documentation bands for customer input tax credits.
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Homes & rentals 2 min
The whole house bill is not always a rental expense
Separate direct rental costs, shared costs and personal use with a method supported by floor area and dates.
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Working for yourself 2 min
Incorporating changes more than the name on an invoice
Prepare a dated handoff of accounts, assets and obligations when an existing sole proprietorship becomes a corporation.
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Working for yourself 2 min
The new machine and the box of staples
A sewing machine and a box of staples arrive on the same invoice. Camille learns why they need different questions before a deduction is calculated.
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Jobs & employment 2 min
Camille hires someone for Fridays
Before the first paycheque, establish employee details, payroll calculations, remittance responsibilities and records.
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