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Also, many communities have business resource centres that have offer free or low-cost seminars and sometimes free consulting as well.

Canada Revenue Agency (CRA) also has these two documents that will help you understand voluntary registration (where you register before you reach the ,000 minimum): These two articles on Canada One that can help you understand issues around HST/GST and some unusual expense considerations: Demystifying the HST/GSTA Guide to Expense Deductions in Your Canadian Business Click here to go back to Ask-an-Expert index page.

The process can be a bit complicated if you are incorporating the company; if you are going to operate as a sole proprietor it is straight forward as long as you keep the necessary receipts.

You will want to get an accountant or skilled bookkeeper to help you do this properly and also to help you get your business set-up correctly with a decent bookkeeping software package.

(Simply Accounting and Quickbooks are the two most popular choices in Canada, and a new online web app, Wave is an emerging option that offers a free bookkeeping system.) However, there are two other things that are important to know.

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Here is one possible solution: Our Starting a Business Guide provides information on a number of things you'll need to consider.

I had income above ,000 and charged HST on all services.

This year I am a full time employee without any outside income until right now.

First of all, congratulations on your plans to start a business!

You've asked a good question, but there are some other things you may want to consider as well.

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