4. Calculate Net Tax: Subtract your ITCs from the total GST HST collected or that became collectible. If the value is positive, it’s the amount you owe and must remit to the CRA. If the value is negative, I.E. if your ITCs exceed your GST HST collected, CRA sends you a refund ...
During his time there, Tony was part of a teaching team charged with the responsibility of providing instruction on new taxation matters to other auditors, which included information about tax credits and refunds opportunities.TESTIMONIALS "CTS & Associates performed a PST, HST, QST & GST audit ...
Before you start charging and collecting Goods and Service Tax (GST) from your customers, you need to know the different types of tax rates available in Canada. There are three different types of tax rates, and they are Goods and Service Tax (GST), Harmonized Sales Tax (HST), and Provinc...
GST/HST registered distribution platform operators will be eligible to claim input tax credits for GST/HST incurred by them in the ordinary course, as well as for GST paid by their non-registered vendors on the import of the goods, the latter being an important relieving measure for online s...
GST Implications Virtually all products entering the Canadian market are subject to a flat five percent "goods and services tax (GST)." But with regard to importation, GST may be recovered by applying for an Income Tax Credit (ITC). However, the Canadian government sets strict conditions with...
You will be able to both file and pay your taxes later (if you owe money). In other words, if you think you will get a tax refund, you can file your taxes immediately (and should do so). If you are worried about making ends meet right now, you can delay your tax filing until ...
If you are a Canadian webmaster / corporation AND are registered for the GST (Goods and Services Tax) or the HST (Harmonized Sales Tax), we have to pay you the applicable tax. Also, if you are located in the province of Quebec, we also have to pay you the QST (Quebec Sales Tax) ...
not include 5% GST tax $107$49 (7-12 yrs)Free (0-6 yrs)$89 (65+)$85 (13-18 yrs) Prices are subject to change without prior notice. If you would like to join the optional activities, please pay the fee in cash to the tour guide. You cannot buy / use th...
GST (Goods and Services Tax) Traffic Accident Insurance Admission for National Park Bilingual Tour Guide (English and Chinese) Price Excludes Meals & All Personal Expenses such as laundry, phone & travel insurance Driver/Tour Guide gratuity:C$15/pp/day, airport pick up C$4/pp ...
Peak 2 Peak Gondola (Optional) not include 5% GST tax $107 $49 (7-12 yrs) Free (0-6 yrs) $89 (65+) $85 (13-18 yrs) Prices are subject to change without prior notice. If you would like to join the optional activities, please pay the fee in cash to...