A Canadian Freelancer’s Guide To Taxes

RemitrFinance

A Canadian Freelancer's Guide To Taxes

As we head into 2020, less people are working full-time jobs. In fact, almost half of Canadian millennials are now part of the gig economy. It’s the age of the freelancer, and with more and more people preferring (or needing) to work as independent contractors, it’s crucial that they know how to properly deal with their taxes. In Canada, employees of a company receive a T4 (Statement of Remuneration Paid) slip, showing the tax deductions … Read More

World’s Most Improved Currencies 2019

RemitrFinance

Most improved currencies 2019

Currencies like the US dollar (USD) and the euro are strong because so many countries and investors continue to purchase them. Buyers pay attention to currencies that are likely to remain stable and have positive forecasts. Here’s a list of the 5 most improved currencies of 2019 (valued against the world’s most traded currency – the USD). *All exchange rates were sourced from Google Finance at the time of publication. Also, check out the World’s Strongest … Read More

Real Advice for Entrepreneurs from 5 Toronto Startups

RemitrBusiness

Being an entrepreneur can often be a solitary journey. Are you considering taking the leap into entrepreneurship? Have you already leapt, but feel mired in uncertainty? Or are you finding yourself firmly on the hamster wheel thinking “what next?” Don’t worry, you’re not alone. Here are some learnings from people that have been there, done that and are still doing it. They don’t have it all figured out just yet, but they’re on a solid … Read More

Pay International Contractors Like A Pro

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Pay International Contractors Like A Pro

International contractors aren’t just a luxury for large enterprises anymore. They’ve become a vital part of many small and medium sized businesses as well. So, finding an efficient way to pay overseas contractors (on time) is critical to maintaining these strategic partnerships. Here are a few things to keep in mind and watch out for. Hidden Fees People usually default to their bank for international payments – mainly due to habit. However, they often find … Read More

5 Tips To Reduce Income Tax For Canadian Entrepreneurs

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5 Tips To Reduce Income Tax For Canadian Entrepreneurs

The end of 2019 is fast approaching – but you still have time to maximize your tax breaks! Unfortunately, trying to figure out exactly what you owe the government (or what they owe you) isn’t always a fun process. Here are 5 simple tips to help you save money, and ensure your tax bill is no more than it needs to be. Consider Incorporating Your Business Many sole proprietors incorporate because of tax breaks. In … Read More

Budgeting Tips For International Students

RemitrEducation

Budgeting Tips For International Students

Studying abroad is an incredible way to further your education while exploring more of the world. But tuition, accommodation, books, food, transportation, sightseeing, socializing…it all adds up very quickly. The last thing you want to do is constantly worry about maintaining a healthy bank balance.  We’ve put together some useful tips to take your mind off your money and your money off your mind (yes, we went there).  Prepaid Travel Cards Before you move abroad to … Read More

9 Ways to Reduce Your Business’ Carbon Footprint

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9 Ways to Reduce Your Business' Carbon Footprint

As the environmental impact of unchecked human activity becomes harder to deny, green initiatives are becoming more commonplace (and critical). Reducing your business’ carbon footprint can help save money and the environment, all while improving employee morale and cultivating a socially responsible company culture. Here are 9 ways your business can make a difference.  ECO ROOKIE New to green? Try these quick and easy wins. 1) Unplug Your Chargers  Look, we get it – it’s … Read More

World’s Weakest Currencies 2019

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world's weakest currencies

There are several factors that impact the value of a currency, but buyers are often the most prominent influencers. For example, the US dollar is strong because so many countries buy this currency. If investors and buyers were to stop buying US dollars, its value would drop significantly. More attention is paid to popular currencies that are likely to remain (relatively) stable. This provides a basis for forecasts and projections – not to mention higher … Read More

Canadian Banks vs Credit Unions

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Canadian Banks vs Credit Unions

Are you currently banking with one of Canada’s “Big 5”? If so, there’s a strong chance that you’ve wondered about better alternatives. If you’ve already looked into switching banks, you probably noticed that none of them are particularly cheap – and they all seem to be constantly raising their fees. This is exactly why more and more Canadians are looking for alternative banking solutions. One of the most popular options is to use a credit … Read More

How PayPal’s Currency Pricing Changes Can Affect Your Bottom Line

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PayPal's Currency Pricing Changes

PayPal has announced that it is making changes to their legal agreements with certain customers in the US and Canada. Some of these policy updates mean that customers will be charged higher rates when converting currency. This in turn means they will lose more money while dealing with international payments.  We’re going to take a look at the changes PayPal are making that will have an impact on the accounts of customers in the US … Read More