How To Register with Tax Authorities
A crucial yet often overlooked part of starting a new business is ensuring you have appropriately complied with the plethora tax and information filing requirements from various government authorities. Failure to comply with these requirements on a timely basis often results in punitive penalties being assessed.
Several forms are required to be filed when a business is started. This guide is NOT an all-inclusive list of the filing requirements, it does highlight the more pertinent requirements common to most businesses. Industries specific filing requirements may also exist and should not be overlooked.
- Payroll Taxes
- CRA Business Number
- Goods and Services Tax
- Import / Export
Follow this link for a more extensive guide to follow.
Make sure you check back frequently for other topics that will make your business more profitable and easier to run.
REMEMBER “EDUCATION IS POWER!”
Contact us today to find out how we can help you to improve your profits, cash flow and ease of operations in your journey of building your dream business.
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