How to shelter/avoid tax in Canada?
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Answer:
Buy an RRSP. Of course, you will end up paying tax on the amount when you withdraw it, but it will be tax sheltered in the interim. I'd be cautious of "tax shelters", as many of them come under scrutiny from CRA. A genuine tax deduction involves having a genuine, tax deductible expense.
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Other answers
don't file them in the first place....
frankfarter!
If you don't run at least a micro business, then you are a willing Vitim of the system. You have the option of structuring a business that includes doing the things you like, but doing them as a business that expects to profit from the activity. Further you need a basic education on how to structure this properly. If you are looking for sources of how to do this, let me know and I will email you info on free sources.
Dan White
Get the hell out of there or in a hole.
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