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Self-employed Painter

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Posted by: from Sarnia
11/24/2020 at 8:08:53 AM

If I am a self employed painter, and do work for a business that pays my bill but adds taxes, what am I to do with the taxes? I do not earn 30,000 a year thus do not have a business entity. Can I still collect and remit taxes when doing private work for companies?

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Date/Time11/24/2020 at 4:42:35 PM

Jeff, Taxes are based on your total "reported" income, regardless where it comes from. If you are talking about GST, that is different. You can make up to 30,000 without claiming or charging GST. Don't apply for a GST number until you are over that amount on your own. Meaning, GST is your business number and has nothing to do with your employer's pay to you. If this is confusion, talk to a tax person (usually free advice).

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Date/Time11/28/2020 at 12:04:40 PM

Having an hst number is good you can claim your hst on material that you purchase

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