Where and how do I report consulting income to pay the income tax and calculate & pay the CPP premiums? I do not have my own company (i.e. no GST #).
Where and how do I report consulting income to pay the income tax and calculate & pay the CPP premiums? I do not have my own company (i.e. no GST #).
If you have expenses that you incurred to make
this income, you may be better off considering yourself “Self-Employed”, as
that will allow you to claim the expenses against your taxes owing on the
income.
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