In the event that you do decide to contract in Canada, you are also sure to be entranced by the stark contrast between its large and sparsely populated areas of forest and tundra, and the urbanized parts in which the vast majority of the population lives. Canada is a place where the natural world is never far away, which is sure to add a captivating dimension to your leisure pursuits here.
But before we go any further, as a highly regarded global payroll vendor, what advice would we give you here at Link Global Management when you are looking to make the most seamless and stress-free transition to Canadian contracting?
Make sure you’ll actually be able to secure work here!
There is a wide range of countries whose nationals do not require an entry visa if they are interested in contracting in Canada; these include, but are not exclusive to, the likes of the United Kingdom, the United States, France, Germany, Ireland, Australia, New Zealand and Singapore.
Whichever country you come from, though, you will be required to secure a work permit before starting work in Canada. A Labour Market Opinion (LMO) is usually needed to support the work permit, and if this is the case for you, the LMO will not be issued until the employer has demonstrated that they have undertaken recruiting efforts in Canada.
These factors, together with the type of work to be done, mean the processing time for a Canadian work permit can greatly vary; nonetheless, about two to five months – including job advertisement time – is typical.
What should you know about taxation in Canada?
The Canadian tax year corresponds with the calendar year, with the deadline to file a tax return being 30th April of the following year. It is also by this date that any balance of tax due must be paid. This deadline is final, unless it falls on a weekend, in which case, the filing deadline is normally extended to the next business day.
A number of factors determine tax residency in Canada. These include the habitual residence of you or your family in the country, whether you have immediate family relations and economic ties in Canada, and whether you are physically present in Canada for 183 days or more in a calendar year.
Don’t look anywhere else for specialized advice and guidance
Our many years of experience as a global payroll vendor here at Link Global Management leave us well-placed to answer your questions on any aspect of your tax planning as a would-be contractor in Canada; however, we can also assist you with various other elements of your work arrangements.
Send us an email today, and we’ll get swiftly back in touch with you to discuss how we can help you to thoroughly prepare for your new life in this enchanting and diverse part of the world.