Revenue Canada’s Small Business Tax Seminar: It Can Help

May 27, 2010 | Margaret W. | Comments (1)

"I have in my hand 1,397 pages of tax simplification."  These words of Del Latta, former member of the United States House of Representatives, are cringe worthy.  If you are a small business owner in Canada trying to understand what's required of you regarding taxation, they may even have a ring of familiarity.

However, there is a way to make the topic of business taxation a little simpler without having to plow through tomes.

The Revenue Canada Agency holds regular, free seminars for small businesses which cover such topics as:

  • Starting your own business (record keeping, fiscal periods, accounting methods etc.)
  • Income tax
  • Payroll withholding
  • Goods and Services Tax/Harmonized Sales Tax

    In Toronto, these seminars take place at the Training Centre at 1 Front Street West.  The next seminar will be held June 11th, 2010, from 9:30 am – 12 pm. Seating is limited and pre-registration is required 48 hours in advance.

    To get more information about the seminars, or to register, call 416-954-0235. There is also a toll free number (1-877-681-1156), or you could send an mail to Outreach.Group@cra-arc.gc.ca.  You can also register through the Small Business Information Seminars website.

    Here are some books at the library about small business taxation which will also help:

    167 Tax Tips For Canadian Small Business Make Sure It's Deductible
    167 Tax Tips For Canadian
    Small Businesses

    Make Sure It's Deductible: 
    Little Known Tax Tips For Your
    Canadian Small Business

    Getting your small business taxation requirements clarified will allow you to focus on what's most important – providing the best service to your customer.

     

  • Comments

    One thought on “Revenue Canada’s Small Business Tax Seminar: It Can Help

    1. Excellent article. I recommend anyone get proper tax advice at the outset of starting a new business, so that mistakes can be avoided and that tax efficiencies can be obtained as the business grows.

      Reply

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