Tax Deductions for Truck Drivers in Canada
For truck drivers, like everyone else, tax deductions are a great way to save money. Truck driver generally don’t have time research or discuss with their accountant about these deductions. They might end up losing the benefits. What are tax deductions? To make it simple, tax deductions are expenses that you can subtract from your […]
What is The Tuition Tax Credit in Canada and How Does It Work?
Most of us pursue post-secondary education to improve our skill set in hopes of landing a good job or successfully starting our own venture. A lot of time, effort, and money is poured into this education period and in the same period, we often have little to no earnings. Fortunately, the government understands our predicament […]
10 Best Apps for Truck Drivers in Canada and USA
There are so many apps in the market nowadays, to cater to most of our business needs. With so many apps available, it becomes difficult to find the right one that fulfills your business requirements. Not to worry. A lot of our clients who are basically professional drivers (truck, taxi, limousine, or rideshare (Uber, Lyft)) […]
How to file your taxes as Uber Eats and other delivery drivers
Uber Eats, Skip, Doordash and other delivery drivers do a lot of hard work earning their living off of these apps. They have to drive downtown, during the worst hours, or on the loneliest streets in the suburbs. At the end of the year, they deserve to save as many tax pennies as they can. […]
How Uber Drivers pay less HST?
HST on Uber drivers As a matter of fact, Uber transfers money earned by an uber driver to his bank account. But, one thing to notice here is that those earnings also have HST that is shown to CRA. “There are a lot of uber drivers who do not have any idea that they are […]
HST for Uber drivers and Self employed-explained
HST for Uber drivers The terminology of HST for Uber drivers is really valuable, especially when it comes to the Tax filing for Uber drivers. Likewise, it thoroughly depends upon the description of HST. So, following that we come to know that it is basically linked with the sales tax that especially accounts for sales […]
Staycation tax credit
The staycation tax credit is a new thing as a sort of taxation by the government of Canada. It not only seems to be really interesting but the Canadians can avail many amenities making it a really essential thing to consider. This kind of tax credit especially aims at the tax refund by making use […]
The Impact of Loneliness and Powerlessness on Gig Workers
Workers in the gig economy There has been various news regarding the issues being faced by the gig economy in Canada. So, to have an insight into this issue this article will provide some important highlights that must be taken into consideration. What is the gig economy? This terminology especially involves the individuals who belong […]
Luxury tax canada
What is a luxury tax Canada? This terminology of luxury tax Canada was imposed by the Government of Canada on the budget 2021 when there is a need to have an implementation of taxes on goods for personal use like automobiles mainly Cars, boats, and aircraft. Articles of luxury tax The category consists of luxury […]
Filing income tax for small businesses in Canada
Filing income tax for small businesses The process of filing income tax can be different from business to business and sector. But, the process of taxation can be a hectic process as the new and small businesses are focused upon their new startup. So, they are concerned about filing income taxes. Surprisingly, we have come […]