Daycare in your home

Topics

• Reporting your income
• Deducting your business expenses
• Self-employed individual or employee 
  Determine if you are a self-employed individual or an employee
• Issuing receipts for daycare 
  What to include on your receipts
• Your employees
  Deduct, remit and report payroll deductions
• Keeping daycare records
  What you need to keep and for how long
• Making payments for individuals
  How to pay your income taxes owing, make payment arrangements, and send in instalment payments
• Collecting goods and services tax/harmonized sales tax on your daycare services
• Interest and penalties