The Mudcat Café TM
Thread #136726   Message #3124370
Posted By: Q (Frank Staplin)
29-Mar-11 - 05:38 PM
Thread Name: BS: Self employed v limited company
Subject: RE: BS: Self employed v limited company
I was wise (afterthought) in having my returns prepared by a certified public accountant. Never a problem. Gnu, I have heard other horror stories about the 'revenuers'.

Digression on Canadian taxes- Once I found out that Canadian Tax Laws included 16 volumes of explanation, opinion and special cases (more now), none of that in the forms and explanation they send you, I have always had a certified accountant do the reporting for me.
The fee is deductable expense, even for individuals.
(certified is the wrong word in Canada, but it was the term for them that I was raised with- the right one will come to me as soon as I hit submit.)