GST/HST Filing Services
- Home
- GST Return
Filing for GST
Goods and Services Tax
Goods and Service Tax (GST) and Harmonized Sales Tax (HST) is often confusing for small business owners. It is important to understand when your business must charge GST/HST, in addition to all regulatory filings, reporting, and remitting requirements. Failing to meet tax deadlines may result in late penalties.
GST/HST Filing & Registration
All businesses with revenues over $30,000 in in any single calendar quarter and in the last four consecutive calendar quarters must register for GST/HST and file a GST/HST Filing return even if there is no tax to remit.
If you don’t file your GST/HST return by the return’s due date (monthly, quarterly, or annually), the CRA will begin charging penalties and interest on any returns or amounts that they have not received. This can cause unnecessary costs and headaches to new and small businesses.
Filing Frequency
There are three levels of filing frequency depending on the amount of your taxable sales.
| Annual Taxable Sales | Filing Frequency |
|---|---|
| $1,500,000 or less | Annual (quarterly or monthly are optional) |
| $1,500,001 – $6,000,000 | Quarterly (monthly is optional) |
| Over $6,000,000 | Monthly |
Type and Place of Supply
In order to know which GST/HST rate to apply, you have to determine what type of goods or services you’re selling, and the place they are supplied.
Some items, such as groceries and agricultural or fishery supplies, are zero rated and no GST/HST is charged in Canada. Other items are exempt, including long-term residential rentals and most health, medical, dental, child care, and educational services. For exempt services, it may be possible to claim input tax credits for any GST/HST paid. Additionally, certain organizations, such as charities or municipalities, may be exempt from charging GST/HST. Most other goods or services are taxable.
For detailed information on GST/HST classification of various goods and services, visit the Government of Canada.
GST/HST Filing Rates for Taxable Supplies
Once the type of goods and services and the place of supply are defined, the applicable GST/HST rates can be determined.
| Place of Supply | Rate | Type |
|---|---|---|
| British Columbia Note 1 | 12% | GST + PST |
| Manitoba Note 1 | 13% | GST + PST |
| Ontario | 8% | HST |
| New Brunswick | 10% | HST |
| Newfoundland and Labrador | 10% | HST |
| Nova Scotia | 10% | HST |
| Prince Edward Island | 10% | HST |
| Quebec Note 2 | 14.975% | GST + QST |
| Saskatchewan Note 3 | 11% | GST + PST |
1. You are required to register with these provinces, collect the PST, and file PST returns.
2. If you are a non-resident of Quebec and have no physical presence or employees there, you are exempt from registering for, and filing, QST.
3. The requirement to register and remit PST is optional in Saskatchewan but, if you choose not to register, the customer is required to pay the PST.
How it Works
Process of online income tax return filing with Taxreturnfilers eAdvisor
Register Now
Answer a few basic questions
Make fee payment
Connect with your Tax Advisor
Return filed by our Advisor
Let me show you how it works
Enter Details & Make Payment
- Enter your contact details and pay our fees
- Our Tax Planning Specialist (Advisor) will be assigned to you
- Advisor will email or call you and understand about your tax situation
Leave all the hard work to us, We will analyse your
- Previous year tax return for excess tax you have paid
- We duly claimed all available tax credits and deductions.
- Business structure to check if that is the most tax friendly
Hurray! We plan your taxes and file your return!
- Advisor Prepares your Tax planning report
- We suggests Deductions to save maximum tax
- Once you receive your T-slips, we’ll remind you in early March to file your tax return.
FAQ
Popular Question
Below you’ll find answers to the questions we get asked the most about Tax Return Filing.
View More
I receive income from consulting / I am a freelancer with income. How can I file my TR with Tax Return Filers?
You should select Income from Business/Profession as your source of income with form T2125 while filing your taxes through the Tax Return Filers website
I have interest income from GIC, where should I show this income?
We categorize income from GIC and report it as Other Income
Where Do I show Mutual Funds while filing Tax Return?
You could earn different type of income like interest, capital gains and dividend etc. We record these based on their respective T-slips.
What is e-Filing of income tax returns?
E-filing your income tax return simply means submitting it online. The CRA actively encourages Canadians to file their tax returns electronically. The CRA permits some seniors to submit their returns on paper.
What is the process for e-Filing of your Tax Return?
Income Tax online filing is a simple process and can be done by sitting at home for free with Tax Return Filers.
process
Step 1: Visit the Tax Return Filers website. Here, click on the option File TR Now.
>Step 2: Here Select your source of Income and click on continue.
>Step 3: If you’re a salaried individual, Just Upload your T4.
>Step 4: Enter the Financial Year, SIN, DOB and other basic details like your Employment Details, Deductions(If Any), bank details. After giving the details of all the information
Step 5: Review your tax computation and click on the “File My ITR” button.
Yes, tax return filers is entirely safe as it is a registered with CRA. In addition, we have encrypted the data using the latest technology and the website has several security layers that keep your data secure.