WebMar 25, 2015 · At that point, you are required to register for a GST/HST number. Registration can be done quickly by calling the Canada Revenue Agency (CRA)’s business information line at 1-800-959-5525 ... Call CRA’s Business and GST/HST Inquiries line at 1-800-959-5525. Good luck! Harveer April 18, 2024 at 7:38 pm - Reply. Thanks for the ... WebCanadian tax regulation requires sellers to register for a GST/HST ID and to collect and remit the tax to the CRA once they’ve reached $30,000 CAD in sales. Sellers who have not met this threshold may not be required to register for a Canadian Tax ID, but should make the decision for themselves on whether it makes sense for their business.
When and how to Open a GST/HST account with the CRA
WebJan 5, 2024 · When you ultimately file your GST / HST return, you’ll report revenues of $100 plus $13 in GST / HST collected, minus input tax credits of $26, and you’ll likely get a refund of $13 from the CRA. As a new business, you may be spending more than you’re making, so registering for a GST / HST number may actually save you money in the long run. WebIf you’re a Quebec based business, you’ll need to contact Revenu Quebec instead at 1-800-567-4692 to register for the GST/HST equivalent there. For the CRA, your three methods … dress wealthy budget
Register voluntarily for a GST/HST account - Canada.ca
WebVoluntary GST/HST registration if you are a small supplier. You may register for a GST/HST account if you make taxable sales, leases, or other supplies in Canada. You generally … WebFeb 21, 2024 · A business may decide to voluntarily register for GST/HST with the CRA in order to claim GST/HST ITCs on startup costs. This is typically advised for businesses … WebJan 10, 2014 · Allan Madan, CA. Jan 10, 2014 0 Comments. The CRA can only back-date your HST registration by 30 days. In order to request a registration date that is past 30 days, you should write a letter to the CRA detailing your reason for requesting such an old registration date. In addition, the CRA requires that you provide 5-6 invoices around the … dress w corset