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Our team can assist you in all of your GST questions including registration, filing, calculating your payable or refundable amount. We are here to ensure you are compliant with this tax.
- The goods and services tax is a 6 per cent tax on the supply of most goods and services in Canada
- Almost everyone has to pay GST on taxable goods and services
- You have to register for GST if you are providing taxable goods or services in Canada in the course of your commercial activities and have taxable revenue above a prescribed minimum
- You can claim a credit to recover the GST on purchases and expenses you use in your commercial activities
- Sales of certain goods and services are not subject to GST and are designated as exempt supplies
All details on Goods and Services Tax can be found in the publication "General Information for GST/HST Registrants", published by Canada Revenue Agency.
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© 2008 Kelly Campbell, Certified Management Accountant
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