Some provinces have chosen to participate in the HST, which pairs the GST with the PST to create one tax overall. These regions include New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland, Labrador, and Ontario. Therefore, if your small business resides in one of these areas, you ...
Such businesses may use a simplified GST/HST registration procedure. A business required to be registered under the simplified GST/HST can voluntarily apply to register for normal GST/HST, if it meets certain conditions. You can register under the simplified GST/HST online. Businesses might not...
Learn how to set up sales tax in QuickBooks Desktop. Depending on the sales tax rules for a province or territory in which you operate your business, you need to collect either a combination of GST and PST, GST only, or HST only. QuickBooks helps you keep an accurate...
Like the GST, you are to keep track of the RST you collect and fill out and file an RST return form. The form comes with line-by-line instructions. In Manitoba, how often you are required to file your RST returns and pay any debts is determined by the amount of RST you charge your...
Here’s how to easily calculate sales tax in QuickBooks Self-Employed: First, open the QuickBooks Self-Employed app on your phone. The app asks you if you need to file GST, PST, or HST on the home screen. Select “Yes.” This takes you to the Sales Tax screen. Select the province ...
I am trying to set up a server to receive audio from a client browser using SocketIO, then process it through Google Speech-to-Text, and finally reply back to the client with the text. Originally and ideally, I wanted to set up to function somewhat like the tool on ...
GST/HST is connected to many entities in Business Central, such as customers, vendors, items, resources, item charges, and general ledger accounts. Changes in GST/HST rates usually happen at a specific date, from which point you will need to have changed the GST/HST setup, posting groups ...
Yes there is one additional form you will have to fill out because it is your first year incorporated. This form is the T2SCH24 first time filer after incorporation form. You will be required to inform the CRA of the name and type of business you have incorporated. Thanks Allan Madan ...
It references the conference papers "Sales Taxes in Canada: The GST-HST-QST-RHT System," by Richard M. Bird and Pierre-Pascal Gendron, "How Should the U.S. Treat Government Entities, Nonprofit Organizations and Other Tax-Exempt Bodies Under a VAT," also by Gendron and "Treatment of ...
More recently, the GST and PST have been combined in some provinces into a single tax known as theHarmonized Sales Tax(HST). Prince Edward Island was the first to adopt the HST in 2013, combining its federal and provincial sales taxes into a single tax.6Since then, several other provinces...