Registering for & Filing sales Tax
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Registering for and Filling Sales Tax
A sales tax is a consumption tax imposed by the government on the sale of goods and services. A sales tax is usually charged as a percentage of the retail cost at the point of purchase. sales taxes are only charged to the end user of a good or service.
In Canada, there are two types of sales taxes levied. These are :
Provincial sales taxes (PST), levied by the provinces.
Goods and services tax (GST)/harmonized sales tax (HST), the Quebec Sales Tax (QST), and the Harmonized Sales Tax (HST).
We provide below services:
● Registration of GST/HST and PST
● Prepare and File GST return
● CRA audit assistance for GST/PST
Apply various methods of GST to benefit clients. These methods are:
● Normal method
● Quick Method Simplify Method
GST/HST rate to charge customers
To know which GST/HST rate to charge, a supplier has to know what type of supply they are making and where the supply is being made. The place where a supply is made is referred to as the place of supply.
For example, if a store in British Columbia makes a supply of a good such as a mattress to their customer in Ontario and delivers it to the customer in Ontario, the place of supply is Ontario and the supplier charges 13% HST on the sale.
A zero-rated supply, such as a sale of basic groceries, has a 0% GST/HST rate, regardless of the place of supply in Canada.
Other taxable supplies have a:
- 5% GST rate if the supply is made in a non-participating province
- 13% HST rate if the supply is made in the participating province of Ontario
- 15% HST rate if the supply is made in any other participating province
- GST/HST for shipments is calculated based on the rate applicable in the destination province instead of the origin province
- QST is only applicable to shipments within Quebec (i.e., when Quebec is both the shipment origin and destination province).
Below are some useful links for GST/HST:
2. When to register for and start charging the GST/HST – Canada.ca