Self Employed : Tax tips

Self-employed - convention deductions

If you're self-employed, you may be allowed to deduct from your Canadian income tax return the costs of attending up to two conventions in a year in connection with your business or profession.

EI benefits for owner of a corporation

If you are the owner of a corporation and pay yourself a salary, you are not eligible for Canadian Employment Insurance as an owner-manager so you should not make any remittance when you complete your personal Income Tax return.

Disclaimer:
"This article provides information of a general nature only. It may no longer be current. It does not provide legal advice nor should it be relied upon. If you have specific legal questions you should consult a lawyer."