Work at Home Education Center

Work at home - need to register with CRA?

I recently moved to Canada, doing work at home – Excel Based financial modeling. Orders are received from abroad (my home country) by e-mail.
My total income is around 19,000 CAD, almost no deductible expenses.

I am about to file a tax return for 2007.

Question:
Was I supposed register as Self Employed with CRA before I file, or do I just file Tax Return form for 2007 and state my business address as my home address?

If I have to register and do it now, will I be subject to any fines, since I conducted a small business without notifying CRA in advance?

Public Comments

1. i don't know the answer to your question.... but
do you know what the egg said to the boiling pot of water?

"It will take a while for me to get hard i just got laid"

2. I like to know about your work at home expericence. I am looking to work at home, and would like to know how to get started if you didn't mind.....=)

3. Consult with minimum a CMA accountant or the taxman will answer questions. Learn what you an about home based business then your cable,DSL % of space used as an office, a % of computer cost is allowed and you can ask the tax folk if I set up at home what % for my computer, software, printer consumables electric bill. go for it and go hard the deductions if you incorporated are unreal. 2 tickets to a hockeys game - entertaining a client - 50% deduction: used to be 100% till regular read: tax stupid people bitched it. 100% was too much though. A library is your best source for information