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Self employed in Canada

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Old Apr 21st 2007 | 2:48 pm
  #1  
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Default Self employed in Canada

Hi all,
Well we have been here a year now and are officially classed as 'permanent residents' - question?
My hubby wants to become self-employed, he is a carpenter by trade but can do general construction too - ie:roofing,ground work,tiling,plastering (British style) and in the UK he done general electrical and plumbing. He might be able to build you a house, you never know!!!!
Does anyone know where we go from here..... Apparently you don't become self employed, you have to start a business as a sole proprietor????
What are the tax implications? Would he be better off as a 'self employed' /sole proprietor person? If he wanted to buy a property as a self-employed person what are the restrictions for getting a mortgage? Do you need to show 3 years accounts as in the UK. It is a real struggle here on a lead carpenters wage and we are looking for a way to succeed - help guys!!
Be happy
Sam and Stuart x
 
Old Apr 21st 2007 | 3:14 pm
  #2  
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Default Re: Self employed in Canada

Originally Posted by sam/stu
Hi all,
Well we have been here a year now and are officially classed as 'permanent residents' - question?
My hubby wants to become self-employed, he is a carpenter by trade but can do general construction too - ie:roofing,ground work,tiling,plastering (British style) and in the UK he done general electrical and plumbing. He might be able to build you a house, you never know!!!!
Does anyone know where we go from here..... Apparently you don't become self employed, you have to start a business as a sole proprietor????
What are the tax implications? Would he be better off as a 'self employed' /sole proprietor person? If he wanted to buy a property as a self-employed person what are the restrictions for getting a mortgage? Do you need to show 3 years accounts as in the UK. It is a real struggle here on a lead carpenters wage and we are looking for a way to succeed - help guys!!
Be happy
Sam and Stuart x

Hi
an old thread with some links to self employment
http://britishexpats.com/forum/showthread.php?t=290031
cheers
jerry
 
Old Apr 22nd 2007 | 4:12 am
  #3  
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From: Hubley, NS!
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Default Re: Self employed in Canada

Originally Posted by sam/stu
He might be able to build you a house, you never know!!!!

Will he commute to NS?

Sorry, don't know anything about the tax implications etc but wish you well.

 

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