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For the 2023 base year (payment period from July 2024 to June 2025), you could get up to: $519 if you are single. $680 if you are married or have a common-law partner. $179 for each child under the age of 19. Be sure to keep your personal information updated to avoid underpayments or overpayments.
GST/HST registrants who make taxable supplies (other than zero-rated supplies) in the participating provinces collect tax at the applicable HST rate. GST/HST registrants collect tax at the 5% GST rate on taxable supplies they make in the rest of Canada (other than zero-rated supplies). Special rules apply for determining the place of supply.
Submissions should therefore briefly describe: the activities of the affected business or operator, along with estimated annual sales figures in Canada and the GST/HST normally collected, the issues encountered by the affected business or operator, the steps to be taken to resolve those issues and their anticipated completion dates, and.
Aug 3, 2023 · The process is quite simple and can be done completely online via the Business Registration Online (BRO) program. When you register, you’ll become a GST/HST registrant and receive a nine-digit business number. To inquire about your GST/HST number by phone, call the CRA at 1-800-959-5525.
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Mar 5, 2022 · The Government of Canada has introduced new rules of GST/HST with effect from July 01, 2021. The businesses operating in the digital economy, including digital platforms, need to comply with the three originally announced measures on April 19, 2021. These three measures include registration, filing GST, and collection. Administrative approach and compliance The purpose of […]
May 14, 2024 · The GST/HST credit provides relief for low- to modest-income Canadians by mitigating the tax burden associated with paying taxes on consumer goods and services and paying the harmonized sales tax. This credit operates on a quarterly disbursement schedule, ensuring timely assistance for qualifying individuals and families.
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Budget 2021 proposes to eliminate the mandatory electronic filing thresholds for returns of corporations under the Income Tax Act, and of Goods and Services Tax/Harmonized Sales Tax (GST/HST) registrants (other than for charities or Selected Listed Financial Institutions) under the Excise Tax Act. As such, returns of most corporations and GST/HST registrants under these acts would be required ...
