GST Returns

PST registration in BC is a mandatory requirement for any business that sells taxable goods or services to customers in British Columbia. Unlike GST, there is no revenue threshold. If your business makes taxable sales in BC, you must register for PST with the BC Ministry of Finance regardless of how much you earn. The…

Vancouver small businesses must deal with two separate sales taxes: GST at 5% collected for the federal government and PST at 7% collected for the province of BC. Unlike provinces that use a single harmonized tax, BC keeps these two taxes completely separate, which means separate registration, separate returns, and separate rules for what is…

The choice between GST vs HST vs PST systems in Canada significantly impacts your business operations, administrative costs, and tax burden. Alberta’s GST-only system offers the simplest structure with just 5% federal tax and no provincial component. Ontario’s 13% HST system provides streamlined administration through single registration and filing. Provinces like British Columbia use dual…

GST registration and filing requirements for Calgary small businesses become mandatory once annual taxable sales exceed $30,000 within any calendar quarter or over four consecutive quarters. The registration process involves completing Form RC1 with the Canada Revenue Agency (CRA) within 29 days of crossing the threshold. Once registered, businesses must file GST returns based on…

Calgary businesses enjoy one of Canada’s simplest tax structures because Alberta operates under a GST-only system. Unlike provinces with HST or dual GST/PST systems, Alberta only charges the 5% federal Goods and Services Tax (GST), with no provincial sales tax. This means Calgary businesses register once with the Canada Revenue Agency (CRA), file one set…

HST on resale homes in Ontario is generally not charged. When you buy a used residential property in Ontario, the sale is exempt from HST in most cases. However, new builds, substantially renovated homes, and certain commercial-to-residential conversions are subject to HST at the full 13% rate. Understanding which category your property falls into can…

Toronto businesses registered as annual GST/HST filers with more than $3,000 in net tax owing are required to pay GST/HST in installments throughout the year. The CRA divides this obligation into four quarterly payments due on March 31, June 30, September 30, and December 31. To pay, you calculate your installment amount using one of…

Ontario uses the Harmonized Sales Tax (HST) at 13%, which combines the 5% federal Goods and Services Tax (GST) with the 8% provincial portion. Businesses that earn over $30,000 annually must register for HST, collect it from customers, and file regular returns with the Canada Revenue Agency (CRA). Registered businesses can also claim Input Tax…

If your business is registered for GST or HST in Canada, knowledge of your exact filing deadlines for 2026 is critical. A missed deadline can result in penalties, compound interest charges, and unwanted attention from the Canada Revenue Agency. Your specific deadline depends on your assigned filing frequency, which the CRA determines based on your…

A T5 slip is an official Canada Revenue Agency document that reports investment income paid to Canadian residents. If you earned interest from a bank account, dividends from a corporation, or certain other investment income during the year, you will likely receive a T5 slip from the payer. It is one of the most common…