Tax time confusion (Canada) Please please help?
Hey everyone,
It's tax time in Canada again and I went to file my taxes and ran into an issue, I didn't have enough info so I have to go back. I ran into a couple of problems while there as well because I don't know much about taxes or businesses.
I run a few sites and am just an affiliate, promoting other websites, and most of my income comse in the form of rev share. Now, what exactly does that make me? I am not sure, and neither was the tax guy. He listed me as web designs & promotions. I am not sure if that is correct or not.
Then he asked my company name. I told him I don't have one.. because I don't. I always assumed I was just self employed. I don't have a boss.. I don't have customers.. I don't sell anything.. so am I a business, or just self employed?
Then, as he was entering information he got to a section asking my to list my websites AND web pages.. I have never heard of or seen this before so I told him I'll get back to him, but what do they expect me to do, list my web sites and the thousands of pages I have made, in 1 little text box? Have any of you ever seen or heard of things being required on a tax submission form?
And finally, he mentioned that next year the government may tell me I have to pay HST tax. Again I almost lost it I was so confused. As an affiliate who only makes money from rev share and signups does that even apply? When the user buys on the site I am promoting they pay the tax at that time, why is he saying I also have to? Is he just wrong? This doesn't sound right at all.
I do have a few ad spots up on my site, but it is through juicyads and when a user loads money onto their account to buy a spot, again, that is when they pay taxes on it - through juicyads. I know because I have done it myself.
If anyone can help me out with a few tidbits of into I would be so greatful, and I imagine others may be in the same boat and the info could be quite helpful.
Thanks you guys, and sorry for the long post.
- DumpManager
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