cilset - your situation is very common. I have sold items for my mom,
sister, and friends on ebay. Their computers, phones, etc. This is why
CRA CANNOT take the ebay figures as gospel truth for what is going on.
For example, I tried to sell a cell ph...
yes, its very beneficial especially if sales are outside canada.
However, it includes more complex tax understanding, and the need to
incorporate perhaps and get an accountant. Its all extra fees, which is
why I think most people shy away from GST re...
Good point cilsel: you could have sold just a few items and been over
$1000...without it being a "business". They cant prove how much profit
you made. It's like trying to pinpoint how much someone makes from a
classified ad to sell their junk. You ca...
If some of you are worried, let's clear up a few things: 1- CRA will
most likely investigate the very high powersellers first and foremost.
The ones makes over $10,000 a month. It will not be feasible for the CRA
to send out auditors paid at $80,000 ...
