Entrepreneurship & Small Business

Do I need to file tax if I haven't done anything?

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  • Jul 10th, 2016 5:29 pm
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[OP]
Newbie
Jun 11, 2013
85 posts
20 upvotes
TheSix

Do I need to file tax if I haven't done anything?

Hello,
I registered for an INC. last year in April and until now I'm still preparing.
No sales yet, only some small purchaes of supplies and website cost.
Just wondering do I still need to file tax or I can wait until my business actually starts?
Thanks!
1 reply
Newbie
User avatar
Dec 6, 2014
31 posts
1 upvote
Stoney Creek, ON
Yes you do have to file the corp tax return. Have you decided what your fiscal year will be? Doesn't have to be the calendar year.

Without any income means you won't have any tax to pay. :)

There are bookkeepers who also do corporate tax returns and are cheaper than accountants.

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