How to report self-employment income for homestay families?

Homestay is also a way to make money as a business. So how should the tax be reported? Should HST be collected? Can all commissions be reported as tax deductions?

What is the difference between regular and conditional employees? There are more and more jobs that offer a base salary plus commission. If you sell more and better, you will get a higher commission. It is not impossible to earn hundreds of thousands of dollars a month. However, there are differences in such jobs in Canada. Sometimes, you can deduct the extra cost you pay to get more commissions, but sometimes, you cannot do so.

 

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