I incorporated, do I pay quarterly taxes?
I incorporated my business last month and was wondering what I do now with taxes? Do I pay them quarterly?
Nov 30th, 2010 11:58 pm
Dec 1st, 2010 10:38 am
Dec 1st, 2010 11:53 pm
Islington wrote: ↑Dec 1st, 2010 10:38 amUnless you are in the mining business, your first corporate tax payments are not due until two months after your first fiscal year-end (or three months, if you have less than $400K in business income). See more details here.
After your first year -- if you pay more than $3K in corporate tax -- you'll shift to monthly installments (or quarterly, if you qualify).
GST/HST payments are still due quarterly. If you have staff, payroll taxes are still due monthly.
Dec 2nd, 2010 3:42 am
GST can be annual/quarterly/monthly .. depending on thresholds and whatever you chose on registration
Dec 2nd, 2010 12:13 pm
Apr 30th, 2011 7:35 am
May 5th, 2011 3:09 pm