Anthony Layton MBA, CIM

Chairman & CEO, Portfolio Manager

Peter Guay MBA, CFA

Portfolio Manager
  • T514.875.7566 x 224
  • 1.800.875.7566
  • F514.875.9611
  • Place Alexis Nihon
  • 3400 de Maisonneuve Ouest,
    Suite 1501
  • Montreal, Quebec H3Z 3B8

The tax implications of hiring a nanny

August 29, 2017 - 0 comments

Welcome back to “Do It Together” financial planning. My last video looked at how to find and hire a great nanny for your kids. In part two of this two-part series, I take a look at the tax implications and what happens between you and the government when you hire a nanny.

There’s quite a bit. I’ll talk about the monthly remittances and tax reporting to Canada Revenue Agency and Revenu Quebéc and what tax credits you may get on your return. It’s a little complicated but I’ll walk you through it.

By: Peter Guay with 0 comments.
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