Working for yourself
Income, receipts, GST/HST and the everyday decisions that come with working for yourself in Canada.
Working for yourself
34 articles · 4 / 6
Working for yourself 2 min
The receipt went through the washing machine
Camille finds a pale rectangle in her coat pocket and rebuilds the purchase record without inventing a replacement receipt.
Read the story
Working for yourself 2 min
Your bank balance and your profit answer different questions
A $3,200 bank balance can sit beside $4,000 of profit without either number being wrong. Follow the invoices, payments and owner withdrawal.
Read the guide
Working for yourself 2 min
One bill, two uses
Document commercial use, then apply the rule for that type of purchase. The income-tax percentage is not always the ITC percentage.
Read the guide
Working for yourself 2 min
Zero-rated and exempt are different categories
Both can show no tax charged, but the input tax credit and registration consequences are different.
Read the guide
Working for yourself 2 min
The work was finished. The payment was still coming.
Malik sends the last design files in December and gets paid in January. Why the bank deposit date does not settle the income-tax year.
Read the story
Working for yourself 2 min
A US client is the start of the HST question
Identify the customer, the exact service and the applicable export provision before treating a foreign invoice as zero-rated.
Read the guide