We are moving to Halifax, Nova Scotia and I want to continue as Independent Consultant as I have been doing in India. What are the tax implications for Independent Contractor as Proprietor in Canada? Are there better options than proprietorship? (In India, there is an advantage, if I have gross income below a threshold, I can pay tax on 50% of the gross income and need not keep records, P&L etc.)
Thanks for your help and insightful vlogs on youtube.