If you have incorporated your business, it’s important that you know what to do when it comes to your tax obligations. As a personal services business, understanding your filing obligations, eligible expenses, and deadlines is your responsibility.
The Canada Revenue Agency (CRA) is committed to ensuring that individuals who provide services as a corporation have the information and tools they need to better understand and meet their tax obligations. To this end, we are hosting a free webinar to help these incorporated individuals determine whether they meet the definition of a personal services business, and what that means in terms of tax obligations.
This webinar will discuss:
- Definition of personal services business
- Tax deductions, rates, and eligible expenses
- Filing requirements, obligations, and deadlines
- Employer/employee relationship
- Requesting a ruling
- Correcting tax returns
Register for the webinar
You should register for this webinar if you’re:
- the only shareholder of a corporation that you’ve created to carry on work for another company
- doing work for another corporation that would normally be done by an employee
- a worker who is considering incorporating to do work as opposed to being hired as an employee
This webinar is on Wednesday February 16, 2022, at the following times:
| Newfoundland Standard Time | Atlantic Standard Time | Eastern Standard Time | Central Standard Time | Mountain Standard Time | Pacific Standard Time | |
| English | 2:30pm | 2pm | 1pm | 12pm | 11am | 10am |
| French | 11:30am | 11am | 10am
|
9am | 8am | 7am |
Questions may be submitted from time of registration until the end of the webinar. While the webinar is live, our goal is to answer as many questions as possible.
Need more information?
The CRA has a number of resources available to help personal services businesses understand their tax obligations. For more information, visit withholding and reporting requirements (Canada.ca).
You can also watch previous recorded webinars for businesses in our businesses video gallery on Canada.ca.
Stay connected
To receive updates on what is new at the Canada Revenue Agency (CRA), you can:
- Like the CRA on Facebook
- Follow the CRA on Twitter – @CanRevAgency.
- Follow the CRA on LinkedIn.