Canadian Sales Tax Guide
GST HST in Canada

• Overview of  GST HST in Canada and its importance for small businesses

• How Canadian sales tax works
• Difference between taxable, zero-rated, and exempt items with examples
• What are input tax credits? How to calculate and claim them
• How to recovery of startup costs and ITCs on business purchases
• What you need to know about capital assets and ITCs

• When is GST HST registration mandatory? Once $30,000 threshold has been met
• Why you might want to voluntary register for GST HST
• How to register for GST HST

• How bookkeeping software can make it easier to track sales tax
• Importance of knowing the CRA GST HST invoicing rules
• Learning your place of supply rules (What GST HST rate to charge)
• Sales tax rates across Canada
• How bad debts affect your GST HST return
• How meals and entertainment expenses affect your GST HST return
• GST/HST and the sale of business assets

Accounting Systems

1. if you are a GST/HST registrant
   (GST/HST collected vs GST/HST paid [ITC])
2. if you are NOT a GST/HST registrant;

• How to file your GST/HST report using the Regular reporting method
• Determination of CRA reporting period sets your due date
• Two alternative filing methods for tracking and reporting GST HST - The Quick method and the Simplified method
• How to claim missed input tax credits (ITCs) on previously filed returns

• GST HST and online internet sales
• GST HST and out of province customers
• GST HST and web hosting / web design
• Taxable benefits and allowances subject to GST and HST
• Input tax credits (ITCs) and business use of your personal vehicle

• Verification of supplier's registration status to legally collect GST HST
• Special 90% rule about GST/HST rate to customers
• The financial impact of canceling your GST/HST account

• Your first GST/HST audit - what to expect

MORE >> Audit Process