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Create a company name and pay taxe in Quebec?
Hi everyone! Ive started my website last year and was barely making a penny...Now i am beginning to have more traffic and more money...So...I want to know : If i want to pay taxes on the money i am receiving throught paypal,how it is working? Did i have to buy a company name? And if yes,how much money it represent and can i put some of my hosting expenses on it?
I would like to have some feedback from peoples of Quebec! Thank! |
Every situation is different. Get a meeting with a financial planner and chat with him about it.
You'll get much better answers for your actual needs. |
Quote:
I recommend that you incorporate a Canadian charter and I emphasize the word incorporate not enr. (you say you have tube sites...) All your expenses are tax deductible including your hosting (Tip of the day: find a canadian hosting company if you can since the USD is up the roof) You should hire an accountant and you send him the bank statements as well as paypal / paxum / payoneer on quarterly basis and he will take care of filing your taxes How come we still haven't met ? Best of luck ! |
Thank for the infos! We have never talked cause im relatively new in the business ...
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