Income Tax Planning for the Self-Employed

If you're self-employed, there are things you need to know long before doing your income tax return. We recommend adopting best practices and knowing your obligations from the start of your fiscal period.

The following pages provide key information:

Bookkeeping
Accounting Records: Income and Expense Journals
Calculating a Sole Proprietorship's Net Income
Using Tax Tables to Plan for Income Tax and Contributions
Self-Employment Checklist
Annual Updating Declaration and Income Tax Return

If you are self-employed or run a small or medium-sized business, we offer free help in the form of one-on-one meetings and online group meetings to help you understand your rights and tax obligations. 

For more information, see One-On-One Meetings

To register for an online group meeting, see Revenu Québec Information Sessions.

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