Author: Darrel Pratt

Can You Post Cosmetics To Canada?

The Cosmetic Notification Form (CNF) Suppliers/importers must notify Health Canada of all cosmetic products via a Cosmetic Notification Form. This form must be submitted prior to importing to Canada. Failure to notify may result in a product being denied entry into Canada or removed from sale. Can I send cosmetics to Canada? Cosmetic Notification Form […]

Do You Pay Gst On Food In Canada?

The supply of basic groceries, which includes most food and beverages marketed for human consumption, is zero-rated. However, certain categories of food and beverages such as candies and confectionery and granola products (unless sold as breakfast cereals) are taxable. Do you charge GST on food? GST applies to all food and beverages consumed on the […]

What Is Needed For E-Transfer In Canada?

With Interac e-Transfer®, you can send money within Canada to a person or a business. All you need is an email address, or a valid Canadian mobile number – and an eligible bank account with a participating Canadian financial institution. What info does someone need for e-transfer? All you need is an email address and […]

How Are Dividends Taxed In Canada Example?

What is the dividend tax rate in Canada? The tax rate applied to dividend income is not what the individual taxpayer pays. The federal government adds a 38% to eligible dividends and 15% to non-eligible dividends to get a gross-up total. How are dividends taxed example? The tax rate on qualified dividends is 0%, 15% […]

Can I Buy Bitcoin With Debit Card In Canada?

Canadian customers can use a debit card to purchase cryptocurrency. Funds purchased via a debit card will be credited to your account instantly. How do I buy crypto with debit in Canada? Banks allow purchasing crypto using a debit card, Interac e-transfer or bank wire transfer. Customers are required to link their bank accounts with […]