GST/HST

Learn what the GST/HST closely related corporations election does, who can make it, how it is filed on Form RC4616, and which supplies it does not cover.

Exempt supplies carry no GST/HST and generally no input tax credits. See common examples, how exempt differs from zero-rated and why it affects registration.

Understand GST/HST as a separate business obligation, including sales tax collected, eligible input tax credits and the records behind a return.

GST/HST instalments are quarterly prepayments some annual filers make toward net tax. See the $3,000 trigger, how amounts are set, due dates and where they go on the return.

Understand how GST/HST applies to real property in Canada: why commercial sales are generally taxable, used homes usually exempt, and where builders and mixed-use property differ.

A GST/HST reporting period is the stretch of time one return covers. See annual, quarterly and monthly periods, the revenue thresholds, and how due dates follow.

Learn what a GST/HST input tax credit recovers, which records support a claim, and why a business expense is not automatically an eligible ITC.

Net tax is GST/HST collected or collectible minus input tax credits and adjustments. See how it becomes a balance owing or a refund, and which return lines are involved.

Learn what the GST/HST new housing rebate is, who can claim it in Ontario, how the federal and Ontario parts differ, and which records the CRA expects.

A nil return is a GST/HST return filed when you had nothing to report. Learn why it is still required, what the CRA expects, and the penalty risk of skipping it.

Place of supply decides which province’s GST/HST rate applies. Learn how the rules work for goods, services and intangible property, and the current rates by province.

Learn what the GST/HST public service bodies’ rebate is, which charities and non-profits can claim it, how Ontario rates work, and the filing deadline.

Understand the GST/HST quick method of accounting: who is eligible, the $400,000 limit, who cannot use it, how the election works and what you give up on input tax credits.

Learn what it means to self-assess GST/HST, when a business reports tax on imports or its own use of property, and how line 405 of the return works.

Learn what simplified GST/HST registration is, which non-resident digital-economy businesses use it, how it differs from a normal account and what it means for Ontario readers.

Understand the GST/HST small-supplier concept, the taxable-supply threshold and why registration is not decided by profit or one calendar-year total.

Taxable supplies are sales subject to GST/HST, including those taxed at 0%. See which sales are taxable in Ontario, what to charge and how credits and registration connect.

Zero-rated supplies are taxable at 0% GST/HST. See how they differ from exempt sales, why input tax credits still apply and what Ontario businesses should record.