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I registered for the GST-HST but don’t earn $30,000

Q: I’m a plumber earning less than $30,000 per year. In order to bid on jobs I found I needed to have a GST-HST number, so I registered two years ago. But since then, I haven’t earned over $30,000 per year. Do I still have to charge GST-HST? Do I have to file returns? A: [...]

I haven’t been charging GST-HST and now the Canada Revenue Agency wants money!

Q: Since I registered for the GST-HST I have still not earned over $30,000, so I haven’t charged GST-HST. Now the Canada Revenue Agency (CRA) has sent me a GST bill saying I owe them thousands of dollars in GST-HST, even though I haven’t earned enough income and I haven’t been charging GST-HST on what [...]

Registering for GST or HST when you don’t have to

You may be aware that if your self-employment earnings are less than $30,000 in four consecutive calendar quarters (i.e., in a year’s time) you don’t have to register for the GST or HST. However there are some situations where you might choose to register, even if you don’t have to. Registering for the GST-HST because [...]

What Are Input Tax Credits (ITCs)?

If you've registered to collect the goods and services or harmonized sales tax (GST-HST) in Canada, you may have come across the term input tax credit or its acronym, ITC, and wondered what it's all about. To understand input tax credits (ITCs) you need to understand the basics of the GST-HST system, which are simply: [...]

How To File Your GST-HST Return From A Completed Worksheet

If you have a completed GST-HST worksheet you can easily file your GST-HST return, either by using the figures on the Worksheet and transfering them to a return, or by signing and dating the worksheet itself and mailing it to the Canada Revenue Agency. (If you're not sure what a GST-HST worksheet looks like, you [...]

How much GST or HST should I charge? – GST and HST rates by province

When you are registered to collect GST or HST and make a sale of goods or services to payer in another province, you must charge the rate of GST or HST according to the rate in the payer's province. For example, if you are a vendor based in Ontario and registered to collect HST, [...]

GST/HST In One (More) Sentence

©iStock/stockstudioX Okay. I may have oversold that last tip, since clearly this explanation of GST/HST is longer than one sentence. But hopefully it’s still making sense, which is more than we can say for most things in this world. If you’re still with me, read on…I promise it won’t hurt a bit. [...]

GST/HST Explained in One Sentence

©iStock/paprikaa Here, for the first time on any stage, the amazing stunt of explaining the entire system of GST-HST in Canada in a single sentence! As I answer clients' questions, peruse our great nation’s major newspapers, and fall down the rabbithole of Facebook posts, I encounter so many misconceptions about the GST/HST [...]

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