Terry McBride: Tax tips for freelancers
When you are a freelancer, you decide when and how hard you want to work. You are your own boss.
As a self-employed contractor you do not receive T4 slips. Instead you must report your business income on schedule T2125 of your income tax return. You need to remit your own income tax and Canada Pension Plan contributions. You might also need to register for a GST number.
Here are some basic tips for claiming business expenses as tax deductions.
Deductible expenses
You can claim reasonable
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