HOW TAXES WORK IN CANADA | REDUCE YOUR TAX BILL | Canadian Tax Guide Chapter 1
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- Опубліковано 22 лип 2024
- How do Taxes Work in Canada? What are Tax Brackets? How can I reduce my Tax Bill with Deductions and Credits? I’ll be breaking down all of the basics of Canadian taxes for regular income, business income and investment income and I’ll go over some of the best tax saving strategies out there.
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SKIP AHEAD: ⏩
-Intro: 0:00
-Tax Basics: 0:21
-Tax Brackets: 0:44
-Marginal Tax Rate: 1:28
-Tax Calculation Example: 2:34
-Online Tax Calculator: 6:06
-Business Income: 8:02
-Investment Income: 8:20
-Tax Credits: 9:22
-Tax Deductions: 10:51
-RRSP - 11:54
-Business Expenses: 12:59
TAX CALCULATOR: 💸
www.eytaxcalculators.com/en/2...
WATCH NEXT: ▶️
-TFSA Explained Investing Tax Free - • TFSA Explained | Inves...
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I hope this video helps guide you through the world of Taxes!
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#CanadianTaxes #CanadianFinance #CanadianTaxGuide #TaxFreeCanada #TaxFreeInvesting #CanadianInvesting #CRA
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You are very man. It's very helpfull
@@CanadianTShirt hey buddy, love the videos. I have a question for you if you wouldnt mind. Lets say you generate no income for the first year and have tones of business/start up expenses... will you then get a tax return?
You were using the reference of if you made alot and got a bit of a tax break. I was just wondering what happens in the event that to didnt make anything to tax.
Last little sub question... can you write off purchases of exquipment off kajiji.. like a computer or microphone etc.
Thanks so much
Please make video for trading gold spot in canada and best way for it
In 15 minutes you've taught us more about understanding our taxes than we've learned in our entire time in school....and the following 15 working years after that. 15 Minutes! That is an insane amount of value. Also it can be hard to find really good Canadian Content. Not impossible....but it takes a bit more effort. So thanks for showing up for us!!!
Wow! Thank you Amanda for those kind words! I really appreciate that! 🙏
But I totally agree.... there is NO excuse why these basics are not taught in high school.... =(
Same sentiments here Amanda.
@@CanadianTShirt totally agree. And love the content man. Thanks. !
Canadian university degree is a waste. Studied economic at western University king college and they never taught this, I had to teach my self
Legit. I took so many notes. I'm going to rinse the entirety of your channel as I'm in desperate need of tax help and I'm taking over a business this year.
Thanks for spreading your knowledge brother
“in this world, nothing is certain except death and taxes” - tax is such an important topic yet most of us were never taught about it in school properly. Thank you for explaining this huge topic in an easy to understand way! 👍
You got that right my friend! I know taxes aren't sexy or exciting to talk about but it is SO important to understand how they work! If you want to win at a game, you have to know the rules =)
Can we just take a second to appreciate that we have 15 minutes of solid no BS information, and delivered at a pace where I DON'T have to play it at 1.5x speed!!! 🤣
Thank you Sean! I appreciate you taking a second to appreciate that! 🙏
That's what I try to do! I hate the idea of wasting anyone's time. That's why I talk fast and cut out all the fluff!
By the way, I dare you to watch my videos at 1.5x 😁
They should of made this a course in high school :/
Thanks Vinh! I totally agree! There's no excuse why they don't teach the basics of personal finances and taxes in the high school curriculum.... they're setting these kids up to be eaten alive with credit card debt and penalties... =(
I agree! To any high schoolers reading this, I highly recommend signing up for Junior Achievement
it is in Quebec.
Don't know why youtube recommend this video but at least I learnt something from this video
If they made this a high school course, then too many students would learn on how NOT to pay more tax. The gov. would loose out on all that extra loot from the students over time. Keep the people stupid !
I am really grateful to you Adrian. I find the other UA-cam gurus kind of flashy and douchey. You get right to the point, and it's clear you are genuinely wanting to give people valuable information. Everything about how you do this is perfect - the thorough explanations, the summaries, etc. It makes money seem exciting instead of an intimidating headache. Thank you so much!
Wow, thanks Alex! That is so kind of you to say, I really appreciate those words 🙏
When I'm making these videos my mindset is that I try to explain it as if I was talking to myself 10 years ago. That's the way I personally absorb information best and I'm glad to hear that other people find my approach helpful as well =)
You should check out The Swag Academy, very down to earth and level-headed
Wow!! I can honestly say this was the most valuable video I have ever watched regarding Canadian Taxes..
Wow thank you Anna! I really appreciate that! 🙏
I found starting a business and taxes in general extremely intimidating until I found this channel. Great work!
Way to go Shaun! That's what I love to hear! Thank you for those kind words and major props on starting your own business! 🔥
I don't know how you do it, but you are the only person in the world that can make a video on taxes and make it exciting. I went through almost all your videos. Thanks for your great work.
hahaha that is one of the best compliments I have ever received!!! Thank you! 🙏
I guess it helps that I'm such a nerd and that I'm genuinely excited about "boring" things like tax strategies so I'm glad that my energy shines through! =)
Wow! This is best explanation I’ve ever come across on Canadian taxes. You made it so easy to understand. Thank you!
Thank you Zauresh! I'm really happy to hear that my video was helpful! 🙏
This info is gold. Totally brilliant, thanks so much for bringing knowledge to the Canadians. There really isn't much on the internet for Canadians, so I'm happy you've niched into this market.
Thank you! I really appreciate those kind words! 🙏 And that's exactly why I started this UA-cam channel. We need more Canadian content out there! =)
Just found you with the business vid. In that one you mentioned this vid so I came here to watch this one first and holy cow am I ever glad I found you. So so so much information. It’s nuts what your teaching people here. Keep up the amazing work. On and I subbed in less then like 5 mins of this video. Thanks T-shirt! Lol
Wow, thank you so much! I am so glad to have found your channel. I have learned so much in just the first 2 videos I have watched! Keep them coming, much appreciated.
Thank you Tina! I'm so glad you have found value in my videos and welcome to my channel! 😁
Adrian your videos are incredible! Easy to understand the content through clearly communicated phrases and visuals, as well as the enrichment by your enthusiasm.
Thank you so much Hassan! I really appreciate that! I put a lot of effort into add the visuals so I'm happy to hear that it makes a difference! =)
Great videos! straight to the point, explained everything. Your channel is a gold mine of information. keep up the great work
Thanks man! Let's keep it going into 2020! =)
You're great at this! Thanks for all the info, it's super helpful. Going to go binge watch all your other videos now...
Thank you! I really appreciate that and I'm happy to hear that my videos are binge-worthy! =)
Super valuable content, am currently in big 4 filing corporate income taxes and this has actually made me more excited about my field! Also love the nostalgic video games on your shelf ;). You've got yourself a sub!
That's awesome buddy! I'm so happy to hear another person who gets excited about taxes! And make sure you check out my 10K Celebration video where I give a Bookshelf Tour of all my awesome videos games behind me =)
ua-cam.com/video/hgCxbdcRRqw/v-deo.html
Never in my life did I think that learning about taxes would be interesting and digestible. You are a hero.
Wow! Thanks Alex! I really appreciate that! I try my best to break down these boring topics and make them as engaging and accessible as possible so I'm happy that it's working! =)
I’m on a mission to learn about money and taxes in Canada! I’m from QC so thanks for using it as an example. Looking forward to binge watching this tax series! 🙏
Thank you Valid! I really appreciate that and I hope you enjoy the binge! 😁
Your the best at informational videos! Cant wait to see your channel get the recognition it deserves, keep it up!
Thanks Walter! It means a lot! Thanks for supporting the channel! 🙏
Really informative! I’ve been watching all your videos and you’re doing a great job. Thanks for making people like me more financially aware.
Thank you for those kind words, I really appreciate that! 🙏
One of the most important lessons that applies to literally everyone but schools don't teach. You also make it super clear and straight forward. Thank you for this!
Thank you Daniel! I really appreciate that and that's exactly what I try to do! Breaking down financial info so that they are accessible to anyone! =)
As a newly retired academic l really appreciate your insights, thanks so much for helping me understand what my accountant finds difficult to explain properly! Major thumbs up for content, and 5 stars for video quality.
Thank you Sabina for those kind words! If you are interested in more videos on Canadian taxes, I just released a new video on the Basics of TFSA and How to Invest Tax-Free:
ua-cam.com/video/i_bWf1NyUbE/v-deo.html
Feel free to reach out if you ever have any questions on taxes, investing or finance! =)
Thank you, Thank you, Thank you!
This is such important information that i need.
Thank you so much for making this series and putting this information out here.
It's my pleasure! I'm glad you found my channel and happy to hear that you are finding these lessons valuable! =)
hey Canadian in a t shirt , honestly i cannot thank you enough, your videos are amazing ! you are crisp and clear in explaining things , you turn the headache which is trying to understand taxes , into an actual enjoyable video, cannot thank you enough for taking the time to make and explain these videos , and dont forget to write off your youtube expenses !!
thanks again
Wow! Thank you so much for those kind words, that really made my day! I'm so happy to hear that my videos have been valuable and accessible, that's what I try to do! And you bet! I am obnoxiously efficient with claiming my business expenses 😁
You've actually taught me an incredible amount, especially about taxes. Thank you!
That's what I LOVE to hear! It's my pleasure and thanks for watching the rest of of my videos! =)
It is almost as if I struck gold when I came across your channel. Thank you so much for saving me time and effort researching about how taxes work in Canada. As a newcomer, I’m extremely wary of being ripped off by consultants who claim to help us save and charge huge consultation fees bringing the net result to a zero. I’m so glad I watched this video today, it is by far the BEST use of my time today.
Thank you so much for those kind words! I really appreciate that and I'm so happy to hear that my video provided value! Make sure you check out the rest of the videos in my Canadian Tax Guide series and welcome to Canada! 🇨🇦
Had it on my list to sit down on a Saturday and watch all these tax videos in preparation for this years tax season! Amazing job, man. So so helpful.
Thank you Christian! I really appreciate that and I'm so happy to hear that these videos have been helpful! =)
As someone who knew next to nothing about taxes, this video was great for me and I admire how you simplify it as well the effort you put into your videos! Will def be reccomending ur video to fam/friends.
Thank you so much for those kind words! That's what I try to do! Breaking down complex topics into bite-sized lessons! And thank you so much for spreading the word! As a UA-camr, that is the BEST compliment I can receive! 🙏
Thanks so much ! everything is so confusing in this country. we need more people like you!
I'm happy to help! I know how difficult it was for my family when we first moved to Canada so I'm glad to hear my videos are useful! =)
The most comprehensive and greatest video on Taxes presented on layman's language.😀
Thank you so much for those kind words! I really do appreciate that! 🙏
And make sure you watch the rest of my CANADIAN TAX GUIDE, my videos with the silver-coloured thumbnails 🇨🇦
ua-cam.com/play/PLj8bU3AuW2qEA_ik7NOAIkBY02nt7KAPj.html
AMAZING CONTENT! IVE BEEN LOOKING FOR THIS KIND OF CONTENT FOR A LONG TIME! THANKS !
Thank you Pedro! I really appreciate those kind words and welcome to the channel! =)
Finally! Accurate, Canadian information is hard to come by. Very useful, thank you!
Thanks Samuel! I'm glad it was helpful! Feel free to reach out if you ever have any questions!
Well articulated and visualized, for someone who thought taxes were just 13% I finally understand why all of this is so complicated.
Oh my friend.... I wish taxes were just 13%.... 😅
I'm glad that my video was helpful! =)
You got yourself a new sub. This is so simple that it’s amazing.
Thank you Neemah! I'm glad I was able to explain it clearly! =)
Thank you so much for being one of the few Canadians that are explaining how our taxes work very thoroughly! This video was amazing. So hard to come by information about this for us in Canada
Thanks Jordan! I'm glad you stumbled onto my channel and I'm happy that this video was helpful! Check out the rest of my Canadian Tax Guide videos (silver coloured thumbnail) to learn more! =)
Thank you! So hard to find Canadian specific content. Can't wait for you to help us all start our businesses, what a legend
Thank you Cria! You are right, we need more Canadian content out there! That's why I decided to start this channel! =)
Taxes are the sort of things that are so annoying to study but are so important. Thank you very much for making this subject appealing!
I know that taxes aren't the most exciting thing in the universe but I like to think of it as playing a board game! You HAVE to understand the rules to the game if you want to have fun and win! =)
Yeah unless you move to Mexico like we did, we had enough with the Canadian government and weather
I bet the 17 dislikes came from Rev Can employees.
hahaha I hope they don't "randomly" select me for an audit this year 😅
Lmao I agree
Can u cover RDSP?
@@CanadianTShirt Bill them for your time. And they won’t come back. Charge them the same they claim you owe. Not joking. Ask an agent IF they ever approach you to discuss ‘your file’. Have a nice day.
Hahaha I'm telling you ! it is certainly Rev Canada
Wow, man! You just blew my mind!!! Great work!!!
Auto like and subscribe!!!
Thank you Jan-Michael! I'm happy to hear that this was helpful! =)
This video was incredibly informative, I really appreciate it. The format was perfect. You've got a new subscriber.
Thank you Brent! I really appreciate that, welcome to the channel! 😁
Thanks for the video. To my understanding, opening business is the best way to avoid taxes. You don't have lots of deduction options on your stock market investment except for TFSA and RRSP
Exactly! With a TFSA and RRSP and even with an RESP if you have children, your investments can grow tax free, but there are still certain rules to follow which I'll talk about in my next video. such as keeping ONLY Canadian equity in your TFSA and putting US and foreign equity in your RRSP to avoid withholding taxes
Great video. I'm especially looking forward to the video you teased about starting a side business.
Thank you! I'll be making a whole series of videos on starting a side business, probably in the next two weeks. I'm glad to hear that people are interested in entrepreneurial content!
@@CanadianTShirt for sure. And I love your presentation style too. Really helps. One thing that you might want to cover is how do you pay yourself when you have your own side business. Do you just transfer money from business to personal account? Is there some kind of payroll process required? If you have a partner does it make things exponentially more challenging?
@@whidzee Thank you for the kind words, I'm glad someone likes my style and excellent question! In my experience, all of my side businesses have been self-employed, sole proprietorships so I've never had employees or partners. All of the income that I gained was mine, through contract work or rent through my real-estate business
@@whidzee If you are an incorporated business, you will have to set up a payroll account with the Canada Revenue Agency (CRA) and you can either pay yourself with a salary or with dividends. I haven't personally done this so I don't want to make a video on this until I get there myself
So happy to find your channel honestly I am disappointed with my school talkin bout financial stuff without explaining me about taxes. Your content is free and helpful! Keep it up!!
Hey Claudette! Wow... I was really late to reply to this one, I'm sorry I missed it! But thank you and I'm happy you found me! =)
Great video. Very insightful. Definitely going to use some of this information moving forward.
Thanks you Manveer! That's what I LOVE to hear! =)
Your videos should seriously be taught in schools lol. Thanks again from all of us who weren't taught how to be financially intelligent!
Thanks buddy! It is truly criminal the fact that we don't teach basic financial management and taxes in high school.....
Great video again, simple and very clear!!
Thank you for the kind words! Happy new year! =)
Yes!!
Thanks for the crystal clear explanations in this video (and all your other ones). I almost always click the "thumbs up" before your videos are done.
Thanks Ron! I really appreciate that support, it really helps me build this channel on UA-cam! =)
I was able to register my side business with the help of your other videos. Now I'm here learning more about taxes. Thank you Adrian.
That's what I LOVE to hear! I'm so happy that my videos have been providing value! =)
Great topic, really needed a refresher on how taxes work and how to lower them. Will you eventually do a video on how to file taxes and what software is best to use?
You read my mind! Yes I will do a walkthrough of how to file your own taxes using Turbotax, but any tax software should work very similarly. I'll do one video solely on employment income and I'll do another one involving business income. Thanks for the suggestion! =)
woot been waiting for this!
Thanks man! I hope it helped clear things up! =)
wow, thank you for distilling down taxes in such a simple, understandable way. you deserve way more subs!
Thank you Cassandra! I'm glad my videos are accessible and digestible! I know how intimidating this stuff can be so I'm glad to hear my videos are helpful! My channel is slowly growing but if you'd like to send my videos to some friends and family who would benefit from the info, I would really appreciate it! =)
Adrian, I am so happy to found you! You provide such great content. Please keep up the good work. Thank you!!!
Wow thank you Ally! I really appreciate those kind words! I'm glad you found me and welcome to the channel! 😁
Back in high-school I had a teacher who went rogue and decided to teach us about taxes... he got in trouble
hahaha and then he went on to start a UA-cam channel? 😆
But I hear you man... there's no excuse why this isn't taught in high school...
You’re a life saver I wish they teach this in college
Thank you Jessica! I really appreciate that! 🙏
I usually never comment but I have to say that was an AMAZING content, thank you so much for sharing your knowledge I can't believe how much I've learnt just by watching your video omg, very grateful
Wow! Thank you so much for those kind words! I'm so happy that you found so much value in this video and make sure you watch the rest of my Canadian TAX Guide playlist! (The videos with the silver grey thumbnails) 🙂
Wow man you're awesome. You went into such detail but still managed to explain it so clearly. Huge like and subbed. Keep up the great work!
Thanks Kyle! I really appreciate those kind words! 🙏
Couldn’t have said it better myself, keep it up 👕
@@frankphuket3172 haha I love the T-shirt emoji! 😁
Thank you for this!!
My pleasure, thanks for watching! =)
wow i learned a lot thanks! i wish school taught me these things
Thanks buddy! I'm happy to hear that my video was helpful and I couldn't agree more! There's no excuse why the basics of taxes and finances are NOT taught in high school..... =(
This was the easiest to understand video regarding this topic. Thanks for sharing! Definitely a new a sub!
Thanks you Trina! I'm glad my video was helpful! 🙏
Thank you that was on point, I'm going into 2022 as a brand new man after this, truly inspiring ! People like you are God given
Wow! thank you so much for those kind words! I really appreciate that! And yes, start off 2022 on the right foot! Get your finances in order and take charge of your financial future! 😁
Mom: clean your room
Me: Time to learn how to do taxes
YES!!! That's what I want to hear! But still, take some time to clean your room 😅
Waiting on the series on starting a business and claiming business expenses
Sorry for the late reply and yes, I will be starting my business series soon! Thank you for being patient! 🙏
Canadian in a T-Shirt would love to see this series as well!
@@CanadianTShirt yasss waiting on this! This video was SO helpful thank you so much
Thank you I just shared with my 3 sons whom are keen on business and investing. Your very clear and to the point. Exceptional explanations. Thank you
Thank you so much Craig and I hope your sons also found value in my videos! =)
This is my first video that I watched for taxes and there's so much information which is all valuable. You also provided motivation to open business lol. Subscribed!
Thanks Tarvinder! I'm really happy to hear that and stay tuned for my upcoming Business series in the next week or two! =)
Random question... do Canadians need to pay GST on UA-cam income?
This is a question I had to discover for myself. After extensive research and speaking with CRA, the answer is no. The income from UA-cam will be zero-rated for HST since Google (UA-cam) is not registered for HST in Canada
@@CanadianTShirt Awesome! Thanks for your help. I spoke with two accountants earlier this week but they have no clue what UA-cam is... they are both 70+ years old lol
@@CanadianTShirt one more question, do you know if we need a NAICS code?
I should get you to do my TAX. Damn! this is more stressful than to run a business.
I can't do your taxes for you but I will be making DOZENS of Canadian tax videos including a step by step guide on how to file your taxes so I hope those will be helpful! =)
Thank you for such a good beginning in your whole series! I learnt a lot just in such 15 mins!
Thank you Ben! I'm so happy to hear these videos have been helpful! =)
I'm so glad I found this video. This is my first year filing taxes and this was incredibly informative. I like how you kept it concise and to the point. Thanks so much! Can't wait for more awesome content.
Thanks Vishaal! I'm glad I was able to help! 😀
Vishaal where are you from??
15 minutes holy cow. Nice job!
I have yet to make a video under 10 minutes... I really should try to maker shorter ones. Thanks buddy! =)
@@CanadianTShirt No, no, if anything make them longer! 😉
@@CanadianTShirt Wait a second you said being an engineer is not worth it at 8:53! Time to dislike :P
@@jefflight3329 A silly engineer relying SOLELY on his paycheck is not worth it. A clever engineer like you also gains income through investing =)
@@jefflight3329 Good save? 😋
Young Canadians: OK so how do taxes work exactly??
Canada's Public Education System, a government-funded institution: The Mitochondria is the powerhouse of the cell. a^2+b^2=c^2. Loyalist soldiers burned down the White House in the War of 1812.
Adrian, a man giving us this information for free on the internet out of the kindness of his own heart: Ok so here's how it works-
hahaha thanks Madison! That made my day! 🤣
Hi Adrian, as a fellow Canadian, I highly appreciate you making these useful content for us. Please keep making videos like these cuz i wanna know more than what you showed in the video, thanks a ton 😉
You got it buddy! I have LOTS more videos to come! =)
This video was really useful. I’ll be watching the rest of your videos about business income and other tax videos to learn more. Thank you!!!
Thanks buddy! I'll be starting a whole series soon on starting a business and how business taxation works so stay tuned for that! =)
@@CanadianTShirt Thank you. I appreciate your reply.
Can I claim business expenses on income made from a full-time job (and not a side business)?
Business expenses can only be claimed to reduce taxes on business income, it won't be able to reduce your full-time job. For example, if I just start a side business and I don't make a profit (my expenses exceed my income) I won't pay any taxes on my business income since I have a net loss. I can NOT use this loss to reduce the taxes I pay on my full-time employment BUT what I can do is carry that loss forward to a future year when my business is profitable and then I can reduce the taxes I pay on that future business income. I hope that helps =)
@@CanadianTShirt Very helpful. Thank you! I really appreciate how you take out time to respond to most questions. I know it takes a lot of effort from your end - I'm sure these genuine efforts will pay off big time. All the best, you're awesome!
@@CanadianTShirt It is very tricky. if you have a full time job and also self employed, the income comes from self employed will be added on your income comes from your full time job. 55k a year and your side business made 1k a year in total you made 56k a year and you will be taxed based on 56k, am I right? if your side business didn't make any profit but you cannot transfer any loss to full time income. that means you cannot even expense home office expenses like rent. is that correct?
@@Batuhan1988 please reply to the comment above me !!
I think I learnt more about Canadian taxes in this short video than all my classes during college and university combined...this shows that you don’t need a degree to be smart and knowledgeable 🤦🏻♂️
Thanks buddy! I really appreciate that and I'm glad that my video was able to help! 😁
Hey these videos are great! Really easy to understand and super helpful. Thanks! Keep it up!
Thanks Keenan! I'm glad they are helpful! 🙏
Thank you SO much for this video and the work that you do! Omg honest I’m speechless with how much value this video has! You rock!
Awwww thank you Amanda! That was so sweet, you totally made my night! 😁
I'm really glad that my video was helpful and please feel free to reach out if you ever have any questions! =)
I’m watching this at 16 years old😂
That's what I LOVE to hear!!! I WISH I had taken an interest to finances and investing when I was 16! Instead, I was spending my time playing Diablo 2 and Halo 😆
Way to go buddy! 🔥
Canadian in a T-Shirt Canadian in a T-Shirt what do you think I should be doing if I wanted to get into online business such as digital marketing , being an entrepreneur for a career instead of working for people and getting a full time job and all that. I want to retire as soon as I can😂
My parents own a family business should I help them? Honestly what’s your best advise at my age right now to become successful and what should I know. I also am going to be a future artist. And I also live in British Columbia.
Same lol
Dude thank you so much, its so confusing to start a business in Canada. That tutorial series would be a GOLDMINE !
You got it buddy! There's a LOT to talk about so it will definitely be a whole series of videos! =)
I really enjoy your videos, a lot of helpful information. Thank you! Keep it up!
Thank you for those kind words! I'm glad my videos have helped! Let me know if there are any topics you'd like me to cover =)
Taxation is criminal
It can definitely hurt.... especially if you are relying solely on your full time job for income! That's why it's important to learn ways to reduce your tax bill, legally of course! =)
Wow man, full of information. You are blowing it up bro in each of your video. Thank you for sharing such valuable information.
Thanks Farman for bingeing so many of my videos the past few days! I'm really happy to hear that my videos are providing you value! =)
I'm so happy I found this show! Thank you for your work!
You're welcome! I'm glad I could help and please reach out if you ever have any questions! =)
Just opened a corporation business in Ontario. And this videos are really helping me understand more and more. I'm gonna watch all the videos that relate to this one. To learn more. Thank you so much, please keep it up, you have no idea how big of a help this is the the community! God bless you brother!
Thanks Joseph! I really appreciate those kind words and I'm glad I could help! =)
Thank you for that, it’s great to see this explained from a Canadian perspective.
Very informative
Thank you Josh! That's why I started this channel in the first place! We need more Canadian content out here! =)
For someone like me planning to move to Canada this content is the best I've seen. Subscribed!!!
Thank you Terence! I really appreciate those kind words and welcome to Canada very soon! 🇨🇦
that’s a whole lot of information in 15 minutes. Awesome work done 🎉
Thanks buddy! That's what I try to do! I talk fast and cut out the fluff and try to cram as much info as I can! 😅
Very beneficial for an international student overseas like me. I were looking for where to start learning about taxes and here it is
I'm happy to help! 😁
You are the best man!!!! I just love how well you explain these concepts!!!! Keep up the good work!!!!
Thank you! I really appreciate that and I'm so happy that you are finding my videos helpful! =)
OMG!!!! Finally Canadian financial info that is well explained and presented. Thank you soooo much. Best educational 15 mins of my life (more like 45 mins by rewinding to let the info sink in). 🤓🤩🤩🤓
That's what I LOVE to hear! I'm so glad you found me and found value in my video! 😁
And yes! I make my videos as dense and crammed as possible and I talk fast and remove all the fluff so I definitely encourage you to rewatch videos! And feel free to take notes as well, hopefully my text on the screen also helps with the most important notes =)
This is awesome tutorial I have always known of credit but now I understand it simply by watching this tutorial.. thank you !
I'm glad to hear that my videos have been helpful! =)
Really great! I have shared this with many people. Thank you.
Thank you! I really appreciate you spreading the word! 😁
Man, thank you so much for providing such amazing business and financial content for Canadians! I have been interested in starting a business for years now and your videos are helping me on my path towards achieving my goals. Knowledge is power and you do a fantastic job of clearly communicating all necessary points for the benefit of our education and to help increase confidence and awareness rather than get stuck on fear or doubt (as someone who works in the field of education I greatly respect that). I look forward to checking out more of your content, just wanting to express my gratitude. Keep up the great work. Cheers!
Thank you so much for those kind words! I'm so happy and proud that my videos have made an impact! And make sure you watch my CANADIAN BUSINESS GUIDE, my videos with the purple-coloured thumbnails:
ua-cam.com/play/PLj8bU3AuW2qG-H_x1XPx9kCzRh4FIUzRz.html
I got over all the benefits of starting a business, the downsides you need to consider and ways to work around it and how to register your business =)
This is my first time paying taxes in Canada. Incredibly helpful video. Thank you so much for taking time to make this!
I'm so happy to hear that! Welcome to Canada and make sure you watch the rest of my CANADIAN TAX GUIDE, my videos with the silver coloured thumbnails =)
ua-cam.com/play/PLj8bU3AuW2qEA_ik7NOAIkBY02nt7KAPj.html
Especially watch my HOW TO FILE TAXES IN CANADA tutorial where I show you exactly how to do it yourself, step by step =)
ua-cam.com/video/4RxkNa2VjtU/v-deo.html
I'm a prospective immigrant doing research on how much I'd be "loosing" to taxes over there. This certainly helps. Thank you.
Thanks Oscar! Taxes are definitely high here but we do get a lot of social services out of it! I hope you decide to move here! 🇨🇦
Thank you so much for all this information, great content!
You're an excellent educator. Thank you for being so helpful
Thank you for those kind words! I'm so happy that you are finding my videos valuable! =)
Great content! I look forward to your series on business - starting a business, ideas for side businesses, claiming expenses, etc.
Thank you Claire! My series on business income should be coming soon! =)
I love this so much. It makes so much sense. We should have learned thins like this in school in my opinion!
Thank you Angel and I absolutely agree! There is no excuse why this isn't taught in high schools but I know that some curriculums are starting to introduce it =)
Awesome content with tons of value! Looking forward to your videos on benefits of side business. Kudos!
Thanks buddy! I'll be making a whole series of videos on starting a side business, business expenses and the tax implications =)