GST/HST Registered - Can I file a 'NIL' GST/HST Return?
I registered my flooring installation business (not a retail business, no materials sold - just services) on Oct 28/08. I received my GST/HST Business Registration Number- effective April 1/09. I am just now filing my Personal Tax Returns for 2008 & 2009(including Sole Proprietorship Income/Expense Statement for services). In 2008 my gross BFS income was $10,605 (including $605 GST collected). My net BFS income prior to expenses was $10,000. My taxable BFS income - $938.
By law I was not required to register for GST/HST as my BFS income was below $30,000. However, I did register (to benefit from ITC reductions - which don't amount to much) and I am now getting notices that I must file a GST/HST return by 'certain' due dates - or else.
I have not kept any kind of records (shoebox method) and trying to reconstruct/construct details to prepare my tax returns has been a real nightmare.
My question is this: In the absence of any records with which to track GST/HST received on services provided, can I just file a NIL GST/HST Return based on the fact that my BFS income was less than $30,000?
This is way over my head and I don't know where to start.
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