Description: Whether to supplement income or turn a passion project into a business, an increasing number of young Canadians are turning to the gig economy to make some extra cash. That’s prompting the Canada Revenue Agency (CRA) to pay closer attention to potentially under-reported tax returns of Etsy merchants, Uber drivers, social media influencers and beyond.
Source: BNNBloomberg.ca
Date: Mar 11, 2022
Link: https://www.bnnbloomberg.ca/how-to-navigate-the-tax-code-if-you-re-a-gig-economy-worker-1.1736255
Questions for discussion:
- What are the taxation concerns for the small business operators as mentioned in this report?
- What is the advice presented to these business operators?
Leave a Reply
You must be logged in to post a comment.