Is HST Charged on Every Product I Sell?

This is another bookkeeping and accounting question that we’d like to use this blog to address. The simple answer is no. The government has decided to allow “point of sale” rebates on certain products or services. What this means, is that on some items you can provide your customer with a rebate on the provincial […]

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Canadian GST/HST is Due

It’s that time of year again, fellow Canucks! From an article at About.com’s Small Business Canada section, written by Susan Ward: GST/HST for the reporting period July 1st to September 30th is due October 31st. Remember that if you are a GST/HST registrant, you must file GST/HST returns on schedule, even if there is nothing […]

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Important Tax Changes for BC and PEI

We recently received this email from Intuit, detailing some upcoming important tax changes for changes to sales tax in British Columbia and Prince Edward Island, which will take effect on April 1, 2013. The email also provides some information on how to update your tax codes in QuickBooks in order to accommodate for these changes. […]

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HST Small Business Transition Support

By now you should have received a cheque in the mail from CRA which is your Small Business Transition Support Payment for HST.  If you aren’t sure why you received the money, it is as a result of the introduction of HST in Ontario on July 1, 2010.  The Ontario Government introduced this one time […]

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Why is HST information so difficult to find?

I started a discussion on HST over the summer with the intention of making regular posts. However, life seemed to get in the way and it died a quick death. This last week I was trying to find whether Nova Scotia had PST or HST and the rate which at which it was to be applied. I was astounded as to how difficult it was to locate the information.And so the table below has been created….

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FAQ HST for Business Owners

HST still is the prevalent topic among business owners. Despite the deluge of information that is out there, it still is so confusing...so we thought we would start a topic of discussion that might hopefully answer some of the questions.

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