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...
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 ...
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 regard to who is eligible to apply to the CBSA for an ITC. According to Ernst & Young,8 it becomes critical then for a business ...
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 (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 ...
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...
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...