In CanGST (Goods and Services Tax) is a tax that applies to most supplies of goods and services in Canada at a rate of 5% across provinces. In some provinces, namely Ontario, British Columbia, Newfoundland, New Brunswick, and Nova Scotia, there is HST (Harmonized Sales Tax), while the remaining provinces still collect GST separately.
If you operate a small business with an annual revenue of $30 000 or higher, you must register for a GST number with the CRA (Canada Revenue Agency). Every GST registrant is required to file a GST return reporting taxable sales made during their assigned submission period.
GST filing is a key aspect of a business’ financial well-being and growth. At Instant Tax, we assist corporations, small businesses, SMEs, and self-employed individuals with GST filing. We understand the importance of CRA GST compliance and the impact penalties can have on your business operations and bottom line. With professional GST filing services, you can gain more financial control and engage in effective financial planning.
Canada If you collect GST from your customers on the goods and services you provide, it’s imperative that you understand how to remit this back to the government. There are many regulations, deadlines, and documents required for filing GST with the Canada Revenue Agency.
Professional GST filing with Instant Tax ensures that your GST return form is completed correctly and provides you with the most financial benefit. We find expenses and tax credits applicable to your business situation so you don’t remit more GST than necessary.
The business GST filing services for Canada we offer include:
GST registration If you are a new business or have just reached the threshold for remitting GST, we help you register for your GST number.
Filling GST filing requirements Not all products and services are eligible for GST. We make sense of the regulations to prepare an accurate GST return form.
GST Advising We find ways to maximize your GST expenses to mitigate your GST owing.
Stress-free filing We handle the online GST filing for you, so you can avoid the complex paperwork and time spent.