Over the years I have been involved in starting many business, some cash based, other started on credit. I am wondering if there is a need for a "Tax Seminar" for SP and MPA, and maybe their operators.
Basics of the Seminar would be:
Tax Liability - If you get money from other people for a service than it is called earned income, and taxes are due on the money.
GST Liabilty - Anyone who makes over $30,000.00 in earned income collect GST at the fixes rate of 7%. You can also get the GST Imput Tax Credit on business purchases.
Sole Propertiship vs Incorporation
Contractors vs Employee
well you get the idea.. is it needed.
just asking..
Basics of the Seminar would be:
Tax Liability - If you get money from other people for a service than it is called earned income, and taxes are due on the money.
GST Liabilty - Anyone who makes over $30,000.00 in earned income collect GST at the fixes rate of 7%. You can also get the GST Imput Tax Credit on business purchases.
Sole Propertiship vs Incorporation
Contractors vs Employee
well you get the idea.. is it needed.
just asking..
