ACCOUNTANT EXPLAINS: Self-Employed Taxes in Canada (Save Thousands)

Self-employed in Canada? This video breaks down exactly how taxes work — including what forms you need to file, what expenses you can deduct, when to register for HST, and how much to set aside for tax season. 00:00 How Taxes Work When You're Self-Employed in Canada 00:33 What does self employment mean? 01:34 What taxes do you have to pay? 02:29 Deadlines 02:57 What expenses can you write off? 03:51 How do you track income and expenses? 04:16 How much to keep aside for taxes? 05:02 Can you pay yourself a salary? 05:49 Can you split income with your spouse?