Residential Property Flipping Rule in Canada
The Residential Property Flipping Rule is a new tax measure introduced by the Canadian...
Providing Accounting & Tax service in Canada.
BOMCAS EDMONTON ACCOUNTANT AND ACCOUNTING – GST SERVICES
If any of the above or others Bomcas Accounting and Tax Services team is highly experience, skill, and qualify to assist in with all your GST circumstances such as but not limited to: Starting a business, have a GST Audit, GST Assistance, preparing GST, Filing GST, and getting a GST Number please don’t hesitate to contact us today.
Did you know that all business with sales of a specific amount annually is required to charge GST. If you charge GST you are required to File GST.
Edmonton Alberta Bomcas Accounting and Tax Services team will assist with registering your GST number, collecting GST return, submitting GST reports, and remitting / paying GST owing to the Canada Revenue Agency (CRA).
Our objective is to help you our clients develop a GST tax strategy to minimize your GST tax owning as it relates to CRA rule and regulation in preventing any penalty’s and interest on late filling.
However, If your Canadian business needs to charge GST/HST, you need to know the difference between GST/HST zero-rated and GST/HST exempt goods and services. (Not all Canadian businesses must charge GST/HST; find out if yours does.)
Also, from the point of view of the business owner, there is a difference in how the two classes of goods and services are treated when filing a GST/HST return. Contact us today — we will be happy to assist you with all your GST filings
Almost everyone has to pay the GST/HST on purchases of taxable supplies of property and services (other than zero-rated supplies). However, Indians and some groups and organizations, such as certain provincial and territorial governments, do not always pay the GST/HST on their purchases. For more information, see Guide RC4022, General Information for GST/HST Registrants.
Most property and services supplied in or imported into Canada are subject to the GST/HST.
The following are examples of taxable, other than zero-rated, supplies (for the list of all applicable GST/HST rates, go to GST/HST calculator (and rates)):
Red Deer, Calgary, Fort McMurray, Sherwood Park Accounting. Edmonton Accounting. St Albert Accounting and Tax Services. Beaumont Accounting and Tax Services. Nisku Accounting and Tax Services. Spruce Grove Accounting and Tax Services. Leduc Accounting and Tax Services. Stony Plain Accounting and Tax Services. Get your GST done correctly the first time. GST Audits, GST Filing Help, keeping up-to-date GST amounts easy for regular access and for filing at tax time. What is GST? GST (Goods and Services Tax) is a federal tax.
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