BENEFITS of doing a BUSINESS in CANADA | Tax Benefits of Self-Employed

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BENEFITS of doing a BUSINESS in CANADA | Tax Benefits of Self-Employed

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Күн бұрын

I can’t wait to talk to you all about the BENEFITS OF DOING BUSINESS in Canada. And when I say business I don’t just mean full-fledged full-time businesses which require a large chunk of investment, these benefits still apply to you if you decide to do business as a side hustle that may require little to no investment to start and allow you to boost your income.
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Пікірлер: 57

@aidannewton 3 жыл бұрын

To lower your tax even more you can invest the net income into more expenses before year end, like marketing for the future year. It is a prepaid expense and can lower your net income even further.

@jesusthelifegiver1593 2 жыл бұрын

Great help

@dhruvpandya1749 3 жыл бұрын

Waiting for Alberta vlogs! 😂

@ibtdharamshala978 3 жыл бұрын

Thank for this video. Please do a vlog on buying an existing small business for new comers to Canada. Information regarding choosing the right businesses, budgets, financing options and location would be highly appreciated.

@jyotbhatia3004 3 жыл бұрын

Are we eligible to do business in canada as an international student or if we are not a PR holder and in a work permit?

@janhavipawar323 3 жыл бұрын

Please make a video on how to register for a small business.

@lokeshpathak780 3 жыл бұрын

You live in Canada??

@smitbhatt2034 3 жыл бұрын

Good video but some what over simplification.. Canada also follows same progressive tax system like India, hence, if your annual salary is 150000, 33% will be applicable on only 50000 and overall tax rate will be 30%, around 45000 and not 50000 mentioned in video.

@InTheNorthCanada 3 жыл бұрын

True. The tax system is progressive. And I have given the figures taking into the progressive sustem itself. On 1,50,000 in Ontario the total tax will come out to be around 49000 so a round off figure would be ~50,000 for easy calculation. And 50,000 on 1,50,000 would be 33%

@abhigul1871 3 жыл бұрын

Good research on this topic. Pls share more similar videos on type of small budget business which can be started easily with its ease of doing business.

@rashidmuhammed2218 3 жыл бұрын

Rich dad’s theory ✨ Robert Kiyosaki ❤️

@manishmendon5068 2 жыл бұрын

I have a very important question. For example let's say a 2 people from India wants to set up a corporate company in Canada and run business in both Canada and USA what are requirements that is needed for the directors of the company? Do they need a huge net worth in their home country just to form a company in Canada? Please consider answering my query ASAP!

@hiteshbhojwani4743 3 жыл бұрын

Thank you Nishant Sir and Tanu Ma'am. I watch your every video and the way you explain regarding major concern (like demanding jobs, apartment information, salary structure, weather as per different regions of Canada.) 👍👍👍

@DhananjayKumar-by7fm 3 жыл бұрын

Please🙏 make more videos 🎥 on This topic.. superb information

@pranavsingla2077 2 жыл бұрын

Reminded me Of Robert Kiyosaki! Amazing Content!❤️

@tamonashchatterjee5799 3 жыл бұрын

Thanks for this video....! Please try to make video on a few business ideas ideal for Canada..

@AmitSingh-kq2bs 3 жыл бұрын

Thank you sooo much for motivating us. I always praise you for your sincere effort.

@ektassharma3003 3 жыл бұрын

Good research work Nishant...👍

@mianasgharali1251 3 жыл бұрын

Great explanation

@iabinthomas 2 жыл бұрын

How do we register business in Canada? For example: a photography company

@seemasinha7467 3 жыл бұрын

Very informative video those who r keen in doing business

@AkshayKumar-xo2sk 3 жыл бұрын

Hi, i have three questions q1) does this mean fsw draw will resume soon? q2) actually this is a bonus time in my office. If I receive a credit of 10K dollars in my bank account, do I have to attach an explanation letter along with Proof of funds doc. Though the payment remarks would indicate it is from my employer. Can help with this query? Q3) If I receive a offer from a PNP program, once I reach canada, can I move to another province if I find job in any other province? It's possible that we may get jobs in other province and not the one where we are staying. How is this handled usualy?

@jd1521 2 жыл бұрын

Video is informative. Can a full time (permanent) employed person start side business and if they utilize salary amount into business (as capital/investment) could help to save employment income?

@shinkysethi0396 3 жыл бұрын

Can u Plz make a full video on masters in journalism in Canada, its future, job prospects, best province, universities, benefits, salary!

@bholuhirpara4751 3 жыл бұрын

You give us very much information. Awesome video 💯 upload video on business 💯

@dilipnuwan4170 3 жыл бұрын

Thank you nishanth to sharing these informations

@gokulkannan1746 3 жыл бұрын

Hi..I regularly watch your videos.its really informative..I am also working as a Bank Manager..my age is 36 ..whether can I try for CANADIAN banking jobs..pls provide your valuable suggestions..

@AbhishekBalsara 3 жыл бұрын

Great video Nishant 👍

@akashkalore5794 3 жыл бұрын

$100,000 of business = 25000 expenses + 11000 taxes job = 0 expenses + 27000 taxes

@rmisaluja 3 жыл бұрын

Exactly.. he is just looking at the tax amount.. but not an actual scenario

@kushagra1995 3 жыл бұрын

Hey there i just love your videos and ive almost seen them all and i too have plans to move to canada im a ca final student here in india and have already taken the csc exam just wanted to know whether the csc certification alone (as a Canadian certificate ) would be sufficient to get a job and if yes what starting salary should i expect.

@swapnilpatel3741 3 жыл бұрын

Absolutely fantastic 👍

@dushyantgupta11 3 жыл бұрын

Well narrated 👌🏼

@chhabrasaccounts5810 2 жыл бұрын

any student can be a partner /invesment in any company.....

@VivekVivek-wi3bg 3 жыл бұрын

Well explained ..

@drtanzeem649 2 жыл бұрын

Please share some small business ideas

@somamulla04 2 жыл бұрын

Hi We are very keen in moving to Canada with a start up business visa. Could you please guide?

@DhananjayKumar-by7fm 3 жыл бұрын

Superb information

@harshad_PM 2 жыл бұрын

let me start by saying you are putting up amazing content! there is just one small discrepancy in your tax calculations for salary..you are not considering slabs of income, and thereby ended up saying CAD 150,000 would be taxed CAD 50,000.

@InTheNorthCanada 2 жыл бұрын

Hey Harshad, yeah we considered the slabs and based on that we found the average tax rate for $150000 annual income. Refer to this link: ca.talent.com/tax-calculator?salary=150000&from=year&region=Ontario

@harshad_PM 2 жыл бұрын

@@InTheNorthCanada sorry, i was talking absolute terms. It's about 48,000 on 150,000. Cheers!

@gagan_1312 3 жыл бұрын

Brother if we have business in India can we shift to Canada

@indo_cad8877 3 жыл бұрын

Great video sir 😊

@nainakinvatkar 3 жыл бұрын

Hello , sir /ma'am may I please urge you to make videos about airlines , about flight attendant. I am planning to apply but no clue which is the best one.

@narinderkalia8077 3 жыл бұрын

Good suggestions for couples.

@sachinkumar-rv2lp 2 жыл бұрын

Hi…I am in Canada as a student on a study visa. I have a very successful Fiverr business (with two employees to manage the Fiverr account in India). I started this business when I was back in India. Can I transfer this business to Canada, holding a student visa, whilst I retain the employees back in India to operate the account?

@sushantnagpal1 3 жыл бұрын

v nice , what business u started or tried ?

@Zahoorahmadjoo 3 жыл бұрын

Where is tanu ?

@meghanmiscellaneous296 3 жыл бұрын

Does naturopathy Dr who is helth - provider can called as small businees person ?

@heynishantcool13 3 жыл бұрын

🌻👍 thanks !!

@vikramaditya3640 3 жыл бұрын

Sir I’ve completed my bachelors in civil engg in 2018, and in 2019 I took admission in master’s but due to covid my college has conducted only 1sem exam till now, and my plan was to complete my master’s degree and after that I’ll apply for 1 yr graduate course in Canada, but I don’t think my master’s degree will be completed before 2023, so I’ve decided to quit my master’s. Sir can you please help🙏🏻 me like what to mention in my resume??

@nehareddy8288 3 жыл бұрын

Make a video on universities and colleges for degree students who want to do masters in canada

@NarenderKumar-gg8jv 3 жыл бұрын

There are any scope in graphic designing. I have 8 years experience in graphic designing?

@harshdeepkang2210 3 жыл бұрын

Bot vdya content a commerce ❤️i m also graduate bcom from India with 2.5 yr Banking job exp with 7band i plan to canada wih HR diploma course my query is in your suggestion which prefer city location clg or uni and length of program 1 or 2 is it right bro HR is also demandable job

@kushagra1995 3 жыл бұрын

Just a simple question for you please ans 😃