Affordable Accounting and Bookkeeping
Accounting FAQ
As a self-employed do I need to pay installment payments?
As a self-employed individual, you may have to make installment payments for 2013.
You have to pay your income tax by installments for the current year if your net tax owing is more than $3,000 for the previous tax year or a year before. Your 2013 installment payments are due on March 15, June 15, September 15, and December 15.
More Accounting Questions and Answers
What are the requirements to the documents if I work as a self-employed?
How I can determine what expenses I claim and what I don’t?
Do I need to register for the GST (Goods and Services Tax)?
Do I need to register for the PST (Provincial Sales Tax)?
As a self-employed individual do I need to pay installment payments?
What are the important accounting dates in my calendar?