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How does self-employed compare to the UK?

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How does self-employed compare to the UK?

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Old Jun 2nd 2010 | 3:49 am
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Default How does self-employed compare to the UK?

I am currently running a marketing business in the UK. Am also in the process of closing it down ready for a move to Halifax, NS.

Just wondering if anyone else here has gone from being self-employed in the UK, to being self-employed in Canada? If so, how did you find it?

My landing funds will not be too vast, meaning I'll have to find employment for a while to get the money flowing. But, my plans are to finally set up a business, probably marketing still, in NS.

Just wondering how things compare?
 
Old Jun 2nd 2010 | 3:51 am
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Default Re: How does self-employed compare to the UK?

Broadly similar. Each province will have a few tax differences to get used to, and you'll have to consider zoning implications for where you hope to run your business too.
 
Old Jun 2nd 2010 | 9:56 am
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Default Re: How does self-employed compare to the UK?

Originally Posted by jameswales
I am currently running a marketing business in the UK. Am also in the process of closing it down ready for a move to Halifax, NS.

Just wondering if anyone else here has gone from being self-employed in the UK, to being self-employed in Canada? If so, how did you find it?

My landing funds will not be too vast, meaning I'll have to find employment for a while to get the money flowing. But, my plans are to finally set up a business, probably marketing still, in NS.

Just wondering how things compare?
There's not too much of a difference between them.If you're using a business name other than your own you'll have to register it.
Also apply for a business number from Canada Revenue Agency, and register for HST if required ($30,000 threshold).
Try this link, which I found useful http://www.halifax.ca/bizpal/
 
Old Jun 2nd 2010 | 1:43 pm
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Default Re: How does self-employed compare to the UK?

Originally Posted by budcolin
There's not too much of a difference between them.If you're using a business name other than your own you'll have to register it.
You can choose to register it, but you don't have to. The downside of not registering it someone else could and then stop you suing it.

Also apply for a business number from Canada Revenue Agency, and register for HST if required ($30,000 threshold).
Only do this if you have outputs that are worth claiming the tax back, otherwise if you are below the threshold, I would not bother. It is a lot of extra work and you have to also collect and remit tax from domestic clients (foreign are exempt as a rule).

http://www.gov.ns.ca/snsmr/nsbr/entry.asp

Do your research before registering for anything. Unregistering is often a lot harder.
 
Old Jun 2nd 2010 | 1:56 pm
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Default Re: How does self-employed compare to the UK?

This management consulting lark is the bollox to get into. Just spout loads of crap that sounds catchy and watch the pennies roll in. At my last dept. they paid some twat $10k to come in and read a few poems for a couple of days, None of which he'd written.

Self employed
 
Old Jun 2nd 2010 | 9:02 pm
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Default Re: How does self-employed compare to the UK?

Originally Posted by Oink
At my last dept. they paid some twat $10k to come in and read a few poems for a couple of days, None of which he'd written.
Next time they need something like that, i know some cracking Limericks.....


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Old Jun 3rd 2010 | 6:44 am
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Default Re: How does self-employed compare to the UK?

Originally Posted by el_richo
Next time they need something like that, i know some cracking Limericks.....


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reminds me of a young lady from Regina
 
Old Jun 3rd 2010 | 7:03 am
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Default Re: How does self-employed compare to the UK?

Originally Posted by Beaverquest
reminds me of a young lady from Regina
Oinks Nan?


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Old Jun 3rd 2010 | 7:06 am
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Default Re: How does self-employed compare to the UK?

Originally Posted by Beaverquest
reminds me of a young lady from Regina
Was she the one with angina?
 
Old Jun 3rd 2010 | 7:34 am
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Default Re: How does self-employed compare to the UK?

Originally Posted by JonboyE
Was she the one with angina?
yeah, she slid down the pole
 
Old Jun 3rd 2010 | 9:43 am
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Default Re: How does self-employed compare to the UK?

Originally Posted by Beaverquest
yeah, she slid down the pole
Bloody immigrants


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