GST Instalment Archives | Personal Tax Advisors

What happens if you don’t pay CRA Installments?
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What happens if you don’t pay CRA Installments?

Tax Education

What happens if you don’t pay CRA Installments?

The Canada Revenue Agency (CRA) asks for tax installments when you establish a tendency to owe tax at the end of the year. But sometimes life gets in the way, income is low or expenses are high, and you don’t get around to paying the tax installments requested by CRA. So what happens if you [...]

By Personal Tax Advisors|November 24th, 2022|Tax Education|0 Comments

Do you need to pay GST/HST instalments?
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Do you need to pay GST/HST instalments?

HST-GST, Two Minute Tax Tips

Do you need to pay GST/HST instalments?

Paying instalments can be a surprise. GST/HST registrants who file returns only once a year are sometimes surprised to learn that the Canada Revenue Agency (CRA) is expecting quarterly GST / HST instalment payments through the year. They don't know...because CRA doesn't tell them until it's too late. Not every registrant has to pay [...]

By Personal Tax Advisors|April 29th, 2013|HST-GST, Two Minute Tax Tips|0 Comments