WebJun 22, 2024 · You can on the hst form if you file it online, indicate that there are exempt sales which is how they would know 2. i thnk you are better off keeping it; you can still claim HST which you pay (the work for US clients is zero rated for HST purposes, meaning you charge 0% hst - but you can still claim all the HST which you pay 3. WebMar 1, 2024 · Self-employed artists and performers are also subject to the goods and services tax (GST) or harmonized sales tax (HST). If you make taxable supplies of your services of more than $30,000 annually, you probably need to register for, collect, and remit the GST/HST to the government periodically.
Paying Business Taxes (GST/HST) Online TD Canada Trust
WebDec 4, 2024 · If you are registered for GST/HST, your business collects the GST/HST taxes, holds them in trust and periodically forwards these payments to the CRA. If your annual revenue is less than $1.5 million, you remit funds annually. From $1.5 to $6 million you pay quarterly, and above $6 million you pay monthly. WebSelect your payment section. Select your payment category. This tutorial uses the 4th option which is the most common one as the example. If CRA has sent you a letter notifying you … raymond and thomas highers
How to verify the CRA Has Contacted You Not a Scammer?
WebNov 10, 2024 · To pay the CRA taxes owed, there are a few different options available to you. You are able to pay your balance owed online or in person. Pay Online To pay online, either use your financial institution’s internal services or the CRA’s My Payment service. You can also use a pre-authorized debit. WebApr 3, 2024 · We recommend that you speak with your bookkeeper or accountant for guidance. Choose the Reporting Period Head to Reports > Sales Tax Report. Choose the time period you want to report on. Then select either Accrual or Cash & Cash Equivalents from the dropdown menu, and click Update report. Understanding Taxes You've Collected and Paid WebSimply sign-in to the BMO Online Banking site, click on the Bill Payment tab and then select the Tax Payment & Filing tab. Click on the Register button and complete the registration. … raymond and the spiders frank roger