by Sebastien Prost, CPA | Jan 2, 2024 | Sales Tax
The Harmonized Sales Tax (HST) is a combined federal and provincial tax applicable to most goods and services in Ontario. However, there are exemptions to this tax, which means certain items and services are not subject to HST. Understanding the scope of these...
by Sebastien Prost, CPA | Dec 23, 2023 | Sales Tax
The digital economy has transformed the way businesses operate, leading to changes in taxation rules and regulations. One such example is the imposition of goods and services tax/harmonized sales tax (GST/HST) on remote services. As of July 1, 2021, new rules have...
by Sebastien Prost, CPA | Dec 16, 2023 | Sales Tax
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) Quick Method is a simplified accounting option available to small business owners in Canada. It provides an alternative approach to managing GST/HST that can lead to savings in both time and potentially taxes...
by Sebastien Prost, CPA | Dec 1, 2023 | Corporate Tax, E-Commerce, Sales Tax
The landscape of e-commerce in Canada is continually evolving, and with it, the tax implications for businesses operating in the digital space. For those engaging in e-commerce, understanding the tax responsibilities is critical to ensure compliance with Canadian tax...
by Sebastien Prost, CPA | Nov 6, 2023 | Corporate Tax, Personal Tax, Sales Tax
Filing a GST/HST return in Canada is an essential process for many businesses and individuals engaged in commercial activities within the country. If you provide taxable goods and services, it’s likely you’re required to collect and remit the Goods and...
by Sebastien Prost, CPA | Sep 24, 2023 | Corporate Tax, CRA, Sales Tax
Businesses operating within Canada are subject to the Goods and Services Tax/Harmonized Sales Tax (GST/HST), a value-added tax levied by the federal government. It is important for business owners to know the specifics of GST/HST registration as it affects pricing,...
