Tax Information

Articles Index

Retail Sales Tax (RST) And Your Small Business
An outline of the process of charging, collecting, and remitting retail sales tax (RST) in Ontario, using the example of a small retail business. This provincial sales tax explanation also applies to small businesses in BC, Saskatchewan and Manitoba.

Grappling With the GST or HST
This guide to GST in Canada for Canadian small businesses covers GST registration, the small supplier GST exception, Input Tax Credits, GST HST reporting, how GST works, and why you might want to register for the GST even if you don't have to.

RRSPs - The Best Income Tax Deduction for Canadian Small Businesses
If your Canadian small business is a sole proprietorship or partnership, the best income tax deduction for your small business is the RRSP. Here's why RRSPs are the best tax deductions and information about RRSP contribution limits.

8 Small Business Tax Strategies to Reduce Income Tax
Operate a small business in Canada and think you’re paying too much income tax? Reduce your income tax with these eight small business tax strategies.

The PST (RST) for Small Businesses
Do you have to charge PST or RST on the products and/or services your small business offers? This PST overview explains how provincial sales taxes apply to small businesses in different Canadian provinces and what each province's provincial sales tax rates are.

Canadian Income Tax FAQs for Small Businesses
These Canadian income tax FAQs for small businesses provides answers to common small business tax questions such as how to report business income, how to claim business expenses and what happens if you can't pay the income tax you owe.

More Ways To Maximize Your Business Income Tax Deductions
This four part article on small business tax deductions covers automobile income tax deductions, travel-related income tax deductions, tax deductions related to employing your spouse or child and advertising and other income tax deductions.

Maximize Your Business Income Tax Deductions
This three part article on small business tax deductions covers keeping track of your business expenses throughout the year, tax deductions related to the cost of doing business, and home business tax deductions.

Business Tax Tips & Web Tips Index
Consult this index of business tips to find business tips on everything from Canadian business taxes through ways to create or improve your business web site or use the web more effectively.