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Resources Ask Clint Self-Employed & Business

Self-Employed & Business

GST and input tax credits, vehicles, how much to set aside from contract work, and what to do about income left off a return. Real questions from a Canadian public finance forum, answered by Clint.

CColesNotes · Current as of 2026

Business Income Tax

Every business is different.

Sole proprietors, corporations, charities and non-profits. We sort out what counts as a business expense and keep the paperwork behind it tidy.

Each answer shows the date Clint wrote it, and rules and dollar figures may have changed since. Information current as of 2026. This is general information, not advice for your situation. Tax rules and figures change, so check with us or the CRA before you act on it. Terms