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Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
Business Number in Canada
Understanding Business Number in Сanada
Business Number is a unique identifier that is being used by every business in Canada for the purpose of tax reporting and participation in various tax programs. There is certain difference between Business Number of a corporation and the Sole Proprietorship. Corporate Business Number is being issued automatically upon incorporation and accompanies the corporation for the duration of its existence. In a case of a Sole Proprietorship individuals will be using their SIN for the tax reporting, where their business income is reported as a personal income from business activities. As a Sole Proprietorship you can request CRA to issue you a separate BN to be used for business transactions. Similarly, Business Number will be issued when requesting CRA to register for HST, payroll and other programs. I would suggest to request a separate BN upon the very commencement of the operations so you do not disclose your SIN to everyone you are dealing with on a business level.
Most business will use the following 4 programs:
- RC represents the regular corporate income tax program and is being assigned to all corporations by default.
- RP represents payroll account and should be used once the business start paying salary to its employees (even to the shareholders if they want to be paid by salary). With this program, a business will be reporting and remitting source deductions and contributions to the CRA.
- RT represents HST program. There are various rules for the mandatory and voluntary registration for the HST program. Once my video on this topic is published, I will post here the link.
- RM represents import/export program which should be used by all businesses engaged in commercial import/export operations. This is the number that your customs broker will be using to report to customs and CBSA upon the goods crossing the border.