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self-employed

  1. Should My Wife Incorporate

    General Personal Finance Talk
    Should my wife incorporate, will we see any tax benefit? My Income ~ $105,000 Wife Income ~ $160,000 No Children Currently I am an employee of a large firm so no chance to incorporate. Wife is self employed. Business Details: - Excluded from GST program due to nature of work - No employees...
  2. Corporation, Self-Employment, and Employee all in one...

    Taxation
    Hello all, I've got an odd scenario, and would greatly welcome feedback, or direction to whom I may speak with for help (paid professional or otherwise). I'll keep this as brief as I can: 1. From 2012 - 2016 I worked as a self-employed contractor in professional services, and didn't properly...
  3. New Canadian Permanent Resident self employed in UK. Who do I pay taxes to?

    Taxation
    Hi there, I have recently moved to BC as a permanent resident, but I am still being paid in the UK on a self employed basis as an online contractor. I am extremely confused about taxes.. I understand that there is a tax treaty between UK and Canada, but I am unsure who I should pay taxes to...
  4. Starting a company - tax questions

    Taxation
    Hello, I have a few general questions, in no particular order. These questions deal primarily with "what in the world am I to expect?" scenarios. I haven't been able to find concrete answers online and I was hoping for some general input on the situation. I am a Software Engineer and I am...
  5. Taxes: Self-employed vs small business

    Taxation
    Hi everyone, Just hoping you can help me decide whether it's best to be self-employed or a small business. I am a health professional working as an independent contractor (recently graduated so I still have tuition that can be carried over) - I fall under the exempt bracket for hst/GST My...
  6. New to being "self employed" small business

    Taxation
    Hi everyone, I just recently found this forum and have done as much searching and reading-up as I can on my current situation. Will be concise, otherwise everyone will be TL;DR with this... - been working as "employee" at various IT jobs since 2003 - laid off early dec 2012, job hunting for...
  7. CMHC denied to self employed couple

    Real Estate
    I'd like some thoughts on this if anyone can help. A couple of our friends are looking to move, were pre-approved by the bank for a certain amount, and found a house they really like. On going to finalize numbers they were told that since they are both self employed (one less than a year) that...
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