Perks may abound for the self employed, but one notable side effect to being your own boss is lack of company health benefits. Even with Canada’s enviable healthcare system, unexpected expenses incurred by prescriptions, disability or long term illness is enough to make anyone ill. Avoid shelling out when you’re under the weather by knowing your self employment benefit options.
Paying taxes may be a groan-worthy concept under the best of circumstances – but it’s a whole other ball game when you’re self employed. No longer relegated to springtime tax season, freelancers need to keep their tax requirements top-of-mind year-round. We’ve got a few pointers to help you navigate the world of receipt hoarding, harmonized sales tax and write-offs with a little less pain – and potentially more profit for you!