by clay | Apr 25, 2020 | Edmonton Bookkeeping
Many business owners may be tempted to pay their staff as contractors, because contractors will not have source deductions withheld from their pay says Edmonton bookkeeping. However, business owners would be putting themselves at risk by doing that. The reason why it...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
The reason why business owners need to be very aware of the difference between employees and contractors is source deductions says Edmonton bookkeeping. While employees get source deductions withheld from their paycheck, and an entrepreneur must remit that Canada...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Business owners should be aware of the differences between employees and contractors when they start to hire workers in their business says Edmonton bookkeeping. The reason why, is because the way that taxes are remitted to Canada revenue agency is different for both...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Business owners may not understand why it is important to understand the differences between employees and contractors says Edmonton bookkeeping. But ultimately, the reason why, is so that they can understand who should get source deductions withheld from their pay,...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Business owners need to make it very clear when they are hiring staff if they are going to be considered an employee or a contractor says Edmonton bookkeeping. The reason why it is important, is because if they hire contractors, they will not get source adduction...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Business owners need to be very careful about how they withhold and remit source deductions says Edmonton bookkeeping. Because if they make any errors, the penalties that they face could be extremely steep. The reason why, is because Canada revenue agency views this...
