Get the free GST/HST for businesses - Taxes
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BY MM DEFT Requisition FormCompany: ___ CAC ___ RCAWVendor/Employee Name ___ Vendor GST Registration No. ___GST Codes:GST $___ GST Code ___1 GST Paid claim 2.5% 2 GST Paid claim 5.0%CHEQUE AMOUNT
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How to fill out gsthst for businesses
How to fill out gsthst for businesses
01
Register for a GST/HST account with the Canada Revenue Agency (CRA).
02
Collect GST/HST on taxable goods and services that your business sells.
03
File your GST/HST returns on a regular basis (monthly, quarterly, or annually).
04
Report the amount of GST/HST collected and paid on your business activities on your return.
05
Claim input tax credits for the GST/HST you paid on business expenses.
Who needs gsthst for businesses?
01
Any business in Canada that sells taxable goods and services and meets the minimum threshold for annual revenue must register for and collect GST/HST.
02
Businesses that want to claim input tax credits for the GST/HST they pay on business expenses need to be registered for GST/HST.
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