• by admin
• November 22, 2021

You must register for GST/HST if your business is providing taxable goods or services within Canada and your revenue from all taxable supplies exceeds the threshold in four consecutive months. If you are exporting your taxable goods and services outside Canada, you do not need to register for GST/HST even if you exceed the threshold.

Please visit our Canada blog for “GST/HST” for more information.

When you exceed the above threshold you must register for GST/HST in Canada and charge GST/QST/HST to your customer as per the applicable rates. As recently announced by CRA, you must register for GST/HST if you are providing ride share, taxi, limousine, etc. services in Canada irrespective of the threshold.

You can also register for GST/HST “voluntarily” if you supplying taxable goods or services in Canada even if you have not crossed the threshold.

We encourage our clients to register for GST/HST.

• Once you are register for GST/HST, you will be able to claim input tax credit (ITC) for the GST/HST paid on your expenses
• You can only claim ITC after you are register for GST/HST
• New businesses may have some initial capital expenditure and you are register you can claim ITC
• If you are register people may think that your turnover exceeds the threshold, you are not a small supplier

Our services include helping you registering for GST/HST and QST.