Top Accounting Trends for Toronto Businesses in 2024
The accounting industry is undergoing rapid transformation, with new technologies and innovative practices reshaping...
Providing Accounting & Tax service in Canada.
Bomcas Ottawa Ontario Accounting GST/HST SERVICES
Are you starting a business?
Need help filing your returns?
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/HST you are required to File GST/HST.
Ottawa Ontario Bomcas Accounting and Tax Services team will assist with registering your GST/HST number, collecting GST/HST 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/HST 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.
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.
Barrie, Belleville, Brampton, Brant, Brantford, Brockville, Burlington, Cambridge, Clarence-Rockland, Cornwall, Dryden, Elliot Lake, Greater Sudbury, Guelph, Haldimand County, Hamilton, Kawartha Lakes, Kenora, Kingston, Kitchener, London, Markham, Mississauga, Niagara Falls, Norfolk County, North Bay, Orillia, Oshawa, Ottawa, Owen Sound, Pembroke, Peterborough, Pickering, Port Colborne, Prince Edward County, Quinte West, Richmond Hill, Sarnia, Sault Ste. Marie, St. Catharines, St. Thomas, Stratford, Temiskaming Shores, Thorold, Thunder Bay, Timmins, Toronto, Vaughan, Waterloo, Welland, Windsor, Woodstock. 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.
Are you a business owner in Ottawa, Ontario, in need of expert assistance with your HST preparation and filing? Look no further than BOMCAS Canada! Our team of experienced professionals specializes in providing comprehensive HST services tailored to meet the unique needs of businesses in the Ottawa area.
The Harmonized Sales Tax (HST) can be complex and challenging to navigate, but with our expertise and attention to detail, we make the process seamless and hassle-free for you. Whether you're a small business owner or a large corporation, we have the knowledge and resources to ensure your HST obligations are met accurately and on time.
If you're starting a new business or reaching the threshold for mandatory HST registration, we can guide you through the registration process, ensuring compliance with Canada Revenue Agency (CRA) requirements.
Our team will meticulously prepare your HST returns, ensuring all transactions are properly recorded and HST amounts are calculated accurately. We take the guesswork out of HST preparation, so you can focus on running your business.
Once your HST returns are prepared, we'll file them electronically with the CRA on your behalf, ensuring timely submission and compliance with all reporting deadlines.
If you're unsure about the accuracy of your HST filings or facing CRA audits, our team can conduct a thorough compliance review to identify any discrepancies and rectify them promptly.
As your trusted advisors, we offer proactive HST planning and advice to help you minimize HST liabilities, optimize input tax credits, and ensure compliance with changing tax regulations.
At BOMCAS Canada, we understand the importance of HST compliance for your business's financial health and reputation. With our personalized approach and dedication to excellence, you can trust us to handle all aspects of your HST preparation and filing with precision and professionalism.
Don't let HST compliance overwhelm you—let the experts at BOMCAS Canada handle it for you! Contact Us Today to schedule a consultation and discover how we can help you with HST preparation and filing in Ottawa, Ontario.
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