Information for Canadian Small Businesses: Table of Contents

RC4070(E) Rev. 16

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Unless otherwise noted, all legislative references are to the Income Tax Act and the Income Tax Regulations.

Table of contents

• Is this guide for you?
• Definitions
• Chapter 1 – General information
  • Finding information on the web
  • About the CRA
• Chapter 2 – Setting up your business
  • Sole proprietorship
  • Partnership
  • Corporation
    • Corporation's debts
  • Business Number
    • Your first step to doing business with the CRA
    • Are you doing business in Quebec
    • Do you need a BN
    • Reasons to register
  • Keeping records
    • The benefits of keeping records
    • Legal requirements for keeping records
    • Retaining and destroying records
  • Bringing assets into a business
    • Buying a business
• Chapter 3 – Goods and services tax/harmonized sales tax (GST/HST)
  • What is the GST/HST?
  • Who pays the GST/HST?
    • False GST/HST exemption
  • Do you have to charge the GST/HST?
  • Should you register for the GST/HST?
    • Small supplier
    • Effective date of registration
    • Voluntary registration
    • How to register
  • Fiscal year for GST/HST purposes
  • Reporting periods
  • Input tax credits
    • Becoming a registrant
    • Operating expenses
    • Home office expenses
    • Meal and entertainment expenses
    • Passenger vehicles and aircraft
  • Calculating your net tax
    • Bad debt adjustments
  • GST/HST returns
  • Filing and remitting due dates
    • Monthly and quarterly filers
    • Annual filers
• Chapter 4 – Excise taxes, excise duties, the softwood lumber products export charge, and the Air Travellers Security Charge
  • What are excise taxes and excise duties?
    • Excise taxes
    • Excise duties
  • Softwood lumber products export charge
  • Air Travellers Security Charge
• Chapter 5 – Payroll deductions and remittances
  • Do you need to register for a payroll program account?
  • What to deduct from your employees' remuneration
    • Canada Pension Plan/Quebec Pension Plan
    • Employment Insurance
    • Income tax
    • Remittances
  • How to report payroll deductions
• Chapter 6 – Income tax
  • Accounting for your earnings
    • The accrual method
    • The cash method
    • How to keep sales and expense journals
    • How to record your business expenses
  • Fiscal period for income tax purposes
  • Income
    • Types of income
    • Inventory and cost of goods sold
  • Expenses
    • What are business expenses?
    • Running a business from your home
    • Type of operating expenses
  • How to report your business income
    • Sole proprietor
    • Partnership
    • Corporation
• Chapter 7 – Audits
  • What is an audit?
    • How we choose returns to audit
    • How we conduct audits
    • Delays in the audit, and how to avoid them
    • Finalizing an audit
    • What are your responsibilities?
  • Underground economy
  • Tax alert
• Chapter 8 – Objections and appeals
  • How to register a formal dispute
• Chapter 9 – At your service
  • Electronic services for businesses
    • Registering your business
    • Filing returns
    • The GST/HST Registry
    • Getting help
  • Advance income tax rulings and interpretations
  • Ruling for a Canada Pension Plan (CPP) or employment insurance (EI)
  • GST/HST rulings and interpretations
  • Excise duty rulings and interpretations
  • Excise taxes and other levies rulings and interpretations
  • Scientific Research and Experimental Development (SR&ED) Program
  • Canada business service centres
  • Industry Canada
  • Your rights, entitlements, and obligations
  • What is the Voluntary Disclosures Program?
  • Cancellation of penalties or interest
• Important dates for businesses
  • Due dates
• Addresses on our website
• Forms and publications
  • Guides
  • Pamphlets, Brochures and Slips
  • Forms
  • Interpretation Bulletins
  • Information Circulars
  • Excise Duty Memoranda
  • Excise Tax and Special Levies Memoranda
  • Excise Taxes and Special Levies Notices
  • GST/HST memorandum
• Online services
  • My Account
  • Handling business taxes online
  • MyCRA – Mobile app
  • Electronic payments
• For more information
  • What if you need help?
  • Direct deposit
  • Forms and publications
  • Electronic mailing lists
  • Tax Information Phone Service (TIPS)
  • Teletypewriter (TTY) users
  • The Taxpayer Bill of Rights
  • Service complaints
  • Reprisal complaint
  • Tax information videos

• Next page

Date modified:

2017-03-23