Contract Hours Control Test: 35 vs 37.5 vs 40 Hours
What 35, 37.5 and 40 hour contract weeks signal to CRA under the control test, why hours never decide PSB status alone, and the 11.2% vs 44.5% cost.
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Does a 40-Hour Contract Make You an Incorporated Employee?
A 40-hour contract alone does not make you an incorporated employee. A CPA explains section 125(7), the 10% shareholder link and the tax at 11.2% vs 44.5%.
What Is a Personal Services Business in Canada? CPA Guide
What is a personal services business? A CPA walks IT contractors through the ITA 125(7) definition, both exceptions and a $171,000 Ontario example.
Canadian Subsidiary of a Foreign Company: Transfer Pricing, T106, Thin Capitalization and Shareholder Loans
Running a Canadian subsidiary of a foreign group? A CPA explains arm’s-length pricing, Form T106, thin capitalization and shareholder loan rules.
Private Investigator Tax Rules in Canada: Vehicle Use, Surveillance Equipment & Client Expenses
Three records carry a private investigator’s return: a mileage log with a file reference on every line, an asset register showing when surveillance gear became available for use, and an engagement letter saying which client costs are recharged at exact cost. Plus the three separate caps on vehicle expenses.
Common Tax and Payroll Mistakes Security Guard Companies Make in Canada
Flat boot allowances paid without receipts, shift premiums and holiday pay left out of pensionable earnings, and guards called contractors because that is what the agreement says. The payroll mistakes that get Canadian security guard companies reassessed, and the four checks that prevent them.
Operating in More Than One Province: Registration and Tax Rules for Non-Resident-Owned Corporations
Expanding from Ontario to BC or Alberta is the same process for Ontario, BC and federal corporations. A CPA explains registration, tax and payroll.
Importing Into Canada With a Non-Resident-Owned Corporation: CARM, RM Account and Financial Security
Importing through your Canadian corporation? A CPA explains the BN, the CBSA CARM portal, the RM account, financial security and DDP sales to retailers.
CRA Registrations Without a SIN: Business Number, GST/HST, Payroll and Corporate Tax Accounts for Non-Resident Owners
No SIN? Your Canadian corporation can still get its Business Number and every CRA account. A CPA explains Form RC1, program accounts and representation.