2020’s Public Holidays in REMITR’s Global Network

RemitrPayments

Forgetting about public holidays is a pretty solid way to ensure that a payment gets delayed. But, it can be quite tricky to keep track of them all – especially when you’re sending payments overseas. Here’s a list of 2020’s public holidays for some of the most popular payment destinations in REMITR’s Global Network. *With the exception of Canada, all dates provided are for national holidays and accurate as of the day of publication. Have … Read More

What is Remittance and How Does it Work?

RemitrPayments

how does remittance work

Remittances play a massive role in the financial ecosystem today, and if your business needs to send or receive payments, it’s important to understand how they work. Here’s what you need to know: A remittance is the transfer of money from one account to another, generally for services rendered. Pretty simple. The amount of money being sent internationally has increased massively in recent years mainly due to more businesses working with customers and clients overseas. … Read More

The Best Money Saving Apps For Entrepreneurs

RemitrFinance

The Best Money Saving Apps For Entrepreneurs

It’s rarely a bad idea to find savings wherever and whenever you can, especially if you’re running a business. After all, the more you save, the more you have to put towards growth. However, when it comes to actually being able to save up, it’s often a lot easier said than done. But (just like with everything else) there’s an app for that! Lots of them actually. Here are our top picks that can make … Read More

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

RemitrPayments

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

RemitrFinance

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

RemitrBusiness

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