Posts Tagged Canadian-Income-Tax

Fact Sheet - Cash Income Is Taxable

The following is now available on the CRA Web site:

Whether you are a hairdresser, a carpenter, a fisherman, a waiter or waitress, or anyone else who earns part or all of your income in cash, you should know that all of your income is taxable.

The Canadian tax system is based on voluntary compliance and you are responsible for declaring all of your income regardless of whether it appears on a T4 slip.

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Canadian Tax Tips Calculator - by TaxTips.ca

A Good Find …

If you live in Canada and are curious .. check out the “Canadian Tax Tips Calculator” .. enter some financial information, and print out the report!

CLICK HERE: Canadian Tax Tips Calculator - Everywhere Except Quebec

CLICK HERE: Canadian Tax Tips Calculator - Quebec only

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