Red Tape Reduction for Small Businesses

Rules, regulations and required paperwork and licenses are often referred to as red tape. The government realizes that there are often times a lot of costs associated with being in compliance with all of these “red tape” rules.

Taking care of all the red tape requirements is not always the easiest thing to do. There are so many different government agencies that are involved in regulating these tasks. They also have the challenge of putting into effect regulations that will protect business owners, consumers, and the environment.

A few years back, the federal government in Canada sought to reduce the amount of paperwork required by businesses. It was actually reduced by about twenty percent back in 2009. The government is still looking for ways to limit the amount of paperwork that must be done.

If you want to help alleviate the burden of dealing with “red tape” regulations, you will want to consider turning to the Canada Revenue Agency. This will allow you to access the GST/HST payroll, business income taxes, excise duties and taxes, and other requirements right from your computer. This really takes a lot of the hassle out of it.

Another great tool is called BizPal. This is a great site that will allow you to find permits and licenses that are required for your business online. Their tools combine the requirements of the federal government and the provincial governments to ensure that you have the most up to date information for your business needs.