Self-employed Canadians are able to voluntarily access Employment Insurance (EI) special benefits. There are four types of EI special benefits: Maternity benefits (15 weeks maximum) available to parents of a new born child. It covers the periods surrounding birth. A… {Read more}
Tag: ei
Foreign Employers in Canada
Employers resident in another country who have employees in Canada (either resident or non-resident in Canada) are responsible for collecting; income taxes Employment Insurance (EI) premiums, except when – it appears that, because of the laws of the foreign country,… {Read more}
Buying a franchise — are you ready to invest?
If you want to take on an existing business rather than starting one from scratch, you may wish to consider buying a franchise. Although there are many advantages to this, it is important to do your research before you commit…. {Read more}
Is free shipping a good fit for your business?
If you are a business owner whose products require shipping, whether or not to charge a fee can be a tricky decision. Although free shipping is a consumers’ dream, it can have financial drawbacks for you. Before diving in, you… {Read more}
Employment Insurance Benefits for Self-Employed People
Self-employed Canadians are able to voluntarily access Employment Insurance (EI) special benefits. There are four types of EI special benefits: Maternity benefits (15 weeks maximum) available to birth mothers. It covers the periods surrounding birth. A claim can be submitted… {Read more}
Line 8523 – Meals and Entertainment
The maximum amount you can claim for food, beverages, and entertainment expenses is 50% of either the amount you incur or an amount that is reasonable in the circumstances, whichever is less. These limits also apply to the cost of… {Read more}
Government Takes Additional Steps to Help Small Businesses Prosper
Dartmouth, Nova Scotia, June 3, 2013… Gail Shea, Minister of National Revenue, and Minister for the Atlantic Canada Opportunities Agency, on behalf of the Honourable Ted Menzies, Minister of State (Finance), today met with business owners in Dartmouth, to highlight… {Read more}
Becoming a Multipreneur
Having a small business as your main source of income can often create financial challenges. If you own a seasonal business, for example, you may be trying to generate a year’s income in a short amount of time. If you… {Read more}
Things to Consider before Expanding your Business
Expanding your business usually involves dedication and hard work. Before moving ahead, consider whether you and your team are fully committed to making the effort and if your operation is ready to support growth before investing your time and money…. {Read more}
Don’t Pay Unnecessary Employment Insurance Premiums
Wages paid to some shareholders and family members are not insurable, and these employees cannot collect employment insurance benefits. a. You may not have to pay EI premiums for employed family members. The Employment Insurance Act S. 5(2)(i) states that… {Read more}
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