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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.
Jan 1, 2024 · Charge and remit (pay) the Goods and Services Tax (GST) and the Harmonized Sales Tax (HST). If you are a GST/HST registrant with a reporting period that begins in 2024, you must file your returns electronically (except for charities and selected listed financial institutions). If you don't, the Canada Revenue Agency may charge you a penalty.
You are completing a paper GST/HST return using the regular method. Line 101: Enter the total amount of revenue from supplies of property and services, including zero-rated and exempt supplies, and other revenue for the reporting period. Do not include the following: provincial sales tax. GST.
Canada’s leading guide on GST/HST. EY’s Complete Guide to GST/HST, published by CPA Canada, is: available as a print and online combo, which will keep you current on legislative changes throughout the year. written in plain language, providing you with authoritative guidance and extensive examples on GST/HST legislation and administrative ...
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Aug 8, 2024 · GST is a 5% value-added tax levied by the Canadian government on most goods and services sold within Canada. Some provinces charge 13-15% Harmonized Sales Tax (HST), including GST and provincial sales tax. If you run a restaurant in Ontario, you will charge a customer $11.30 for a good that costs $10 after adding GST.
Jan 1, 2024 · Canada.ca. Taxes. GST/HST for businesses. Complete and file a GST/HST return. If you are a GST/HST registrant with a reporting period that begins in 2024, you must file your returns electronically (except for charities and selected listed financial institutions). If you don't, the Canada Revenue Agency may charge you a penalty.
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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.
