Blog Archives

A List of Deductable Business Expenses

During the course of being in business, you will incur some business related expenses. For example you may decide to advertise on Google or Facebook, you pay rent if you have a physical location, there will be purchase orders for

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Posted in Entrepreneurs, Self Employed, Small Business Accounting, Tax Tips

HST in Ontario: An Overview

HST (Harmonized Sales Tax) came into effect in Ontario on July 1, 2010 and is applied on most supplies of goods and services. The amount charged in Ontario is 13% which consists of 8% provincial portion and 5% federal portion.

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Posted in Entrepreneurs, Retail Store Owner Accounting, Self Employed, Small Business Accounting

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