Filing due dates You must file a HST return even if you have no business transactions and no net tax to remit Each business has his own due date of payment and filing based on their reporting period or HST/HST filing period. Here is a list of condition base on the filing periods: Mont...
GST/HST Quick Method Filing GST/HST Reports GST and HST Tables GST and HST Rates GST/HST Registration Order Your GST/HST NumberGST Tax Exempt SuppliesExempt goods and services A small number of goods and services are exempt from GST/HST-that is, no GST/HST applies to them. This means...
want to speed up GST/HST refunds compared to paper-based filing want control of their cashflow by knowing exactly when funds will leave their accounts Helpful Resources Cash Flow Calculator Get a clearer idea of the incoming and outgoing amounts you’ll need for your business to run smoothly....
While the GST/HST holiday tax break provides relief on select items under Bill C-78, not all goods and services qualify.. The Canada Revenue Agency (CRA) has defined categories of items that remain taxable during the relief period. Misclassifying these products as tax-exempt could lead to co...
Filing GST returns is simple. However, nearly all organizations under-claim credits through small errors and oversights that over time convert to significant costs. FREE Consultation Request a Free Consultation Our services are 100% funded by the tax savings realized with absolutely no-upfront costs...
Businesses may want to register for the simplified GST/HST because it makes it easier to report and remit the GST/HST collected. Here are a few benefits to the simplified registration process: You do not need to provide the tax administration with the security deposit that is normally required...
Project to optimize the content related to filing GST/HST returns. COP Timeframe: [July 31, 2024 - February 2025] Important links [GST COP] Scoped inventory page (github) Github.dev Github Canada.ca page template (Jekyll) Github Canada.ca page template (CDTS) Update procedures: Test developm...
GST/HST Internet File Transfer (GIFT) – An uploading tool used to submit text files to the CRA website for filing GST/HST returns and remitting payments. Before you generate a GIFT file, set up your software identification code, sales tax code, and sales tax group. Use the following proc...
GST/HST for Small Business [COP FY2024] Project to optimize the content related to filing GST/HST returns. COP Timeframe: [July 31, 2024 - February 2025] Important links [GST COP] Scoped inventory page (github) Github.dev Github Canada.ca page template (Jekyll) Github Canada.ca page temp...
For Goods and Service Tax (GST) registered businesses, adding a GST number allows you to zero-rate your invoice. This activates the reverse charge mechanism, excluding GST from your invoices. However, you are responsible for accounting for the GST on your purchases from Typeform when...