im 16 in canada and was wondering whats all this tax hype about ? Like if im doing internet marketing as a part time or full time job from what do i need for it... a license ? ....... tax id ? or what?

i have a verified pp account under my parents name and eveything. Im jus having fun doing my lil IM projects, but the money i earn do i have to pay tax on it? how does all this work? Is there a limit to how much i can earn before i pay taxes? And how DO i pay taxes?/

Please help me out and clarify the matter for me.

It will not only help me but others aswell.

Unless u are earning over 20k a year I wouldn't be too worried about anything