Cornerstone guide
Taxes for Canadian Sole Proprietors: What New Business Owners Need to Know
A plain-English guide to business income, Form T2125, expenses, CPP, GST/HST, records, and tax planning for new Canadian sole proprietors.
Read the guideFrom the first paid job to a proper bookkeeping system
At the beginning, a service business needs a dependable way to describe work, bill the right customer, track amounts billed, and keep the supporting records. As the business adds employees, payroll, bank feeds, inventory, financing, or more complex tax obligations, focused invoicing software is no longer the whole system.
These guides explain the practical middle ground. Handoff can organize customers, quotes, invoices, payment status, and exports. It does not prepare tax returns, determine whether an expense is deductible, reconcile bank accounts, or replace a bookkeeper or accountant.
Focused guide
GST/HST small-supplier rules for new Canadian businesses
Understand Canada's $30,000 GST/HST small-supplier threshold, registration timing, voluntary registration, input tax credits, and invoicing duties.
Read the guideFocused guide
Business expenses and records for Canadian sole proprietors
Learn how Canadian sole proprietors can organize current expenses, capital property, mixed-use costs, receipts, and CRA record retention.
Read the guideStart with clean sales records. A clear invoice identifies the customer, work, amount, and applicable tax. That makes the eventual handoff to bookkeeping or accounting software much easier.
Learn how to write a clear invoice or explore all Handoff guides.