Sales Tax As A Small Business Owner Making Under $30,000
If you’re earning less than $30,000 from worldwide sales as a Canadian small business owner, you don’t need to register for GST/HST. But what should or shouldn’t you do in the meantime? We discuss it here and lay it out in an easy to understand format.
Gift Cards: How to use them (or not) in your Business
Make managing gift card to employees easier and audit-ready. Here’s what to do if you decide to give gift cards or what you can (should) do instead.
The 'Gig' And Platform Economies, Explained
Sometimes the terms Platform, Gig, and Underground Economies are used interchangeably. But what exactly do they mean? In simple terms…
How Does Vacation Pay Work In Canada?
A question that I get asked often by business owners who are hiring their first employee is: how does vacation pay work? Does it get paid out? Do I have to do it? Short answer is yes, all Canadian employers are required to pay at least two weeks of vacation for “every completed year of employment,” CRA. What’s a completed year? It’s twelve consecutive months from the start date of employment. If you hire someone on February 18th, 2021, you will be required to start paying or giving paid time off on February 19, 2022 .