How to apply for GST/ HST credit in Canada?
The Goods and Services Tax (GST) Credit, referred to as the Harmonized Sales Tax (HST) Credit in certain provinces, is a tax-free payment issued by the Canadian government every quarter.
HST Return Filling Services
FILL YOUR HST RETURN WITHOUT ANY WORRY WITH US
Stay organized year-round with Taxccount and fulfill all your HST filing requirements. A predetermined schedule is followed by the Canada Revenue Agency (CRA) for the registration, filing, and payment of Harmonized Sales Tax to small businesses operating in particular provinces.
When you file an HST return in Canada, you can also claim the HST you paid on services or supplies required for your business to run. Up to a certain limit, you may be able to claim a credit on those purchases. Business expenses or 'write-offs' are common names for this kind of credit.
Taxccount provides corporate HST return filing services for Canadian corporations. It is a requirement of the Canadian Revenue Agency (CRA) that Canadian businesses file HST tax returns on a regular basis. Most HST returns in Canada are straightforward to prepare and file, but penalties and fines are incurred if filings are not submitted on time or if mistakes are made during preparation and filing. In order to avoid that, we provide accurate and timely HST return filing services to business owners.
Benefits of HST Return Filling with Professional Accountant
A professional accountant is the best person to assist you with your HST filing. Work with a professional business HST submission firm to avoid financial surprises and confusion when filing HST returns.
There are many regulations, deadlines, and documents that must be filed as a business when filing HST. Fines and penalties can be imposed for a simple calculation error or a missed document. Filing your HST return with a small business filing service is easy and stress-free.
- As a new business or if you have just passed the threshold for remitting HST, you need to register for your HST number as soon as possible with our expert tax accountants.
- Rather than spending your time dealing with the complex paperwork of electronic HST filings, we will do it for you so that you can spend as much time as possible managing your business.
- Our team of experts can assist you in maximizing your HST expenses to mitigate your HST liabilities.
- Our goal is to save you time by representing your interests before the CRA. All communications with the CRA will be handled on your behalf by us for your convenience. Taking care of the CRA is easier when you have our help.
- Among the regulations, you might encounter on your HST return form are the regulations related to non-resident filings, backfillings, amalgamations, and non-resident filing.
When to Fill HST Return?
It is assumed that you will submit your HST return in Canada once a year to the Canada Revenue Agency (CRA). Most small businesses are not required to file more than once a year, but you can opt to file more frequently.
For sole proprietors, the HST return filing in Canada deadline and any outstanding payments coincide with your income tax filing deadline. HST returns must be filed by the HST deadline specified on your tax return form.
HST is calculated using the same fiscal year-end for corporations. The CRA must approve any change in the HST fiscal year-end of a corporation. You must file your HST return and make the payment by April 30th if you have a calendar fiscal year-end for your corporation. In the case of corporations with non-calendar fiscal years, the HST return must be submitted by the end of three months following the end of the fiscal year. The HST return is mostly filed annually, but some corporations file it on a quarterly or monthly basis.
Providing HST Return Filling Services in Canada
For all our business clients, Taxccount helps them register for HST accounts. As part of the HST registration process, we will prepare all necessary forms, select the most appropriate HST method and the correct filing period for your business, and answer all CRA questions.
Our team ensures that you have the right numbers on your HST return filing in Canada. Additionally, we will ensure that your HST return filing in Canada is completed on time and in the most efficient manner possible, saving you money on taxes. To minimize any complexities in the event of an audit, we also proactively organize your books for HST reporting.
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What Our Client Say
Taxccount has been our primary tool for several years. They were the crucial component we were searching for! Our entire business has been made simpler by their bookkeeping, and tax season is no longer as difficult. Over the years, the accountants and bookkeepers have all offered us unmatched guidance and tax planning that has helped us save money and time. We anticipate continuing our relationship with Taxccount for many years.
Kris Sharma
We are quite grateful to the accountants at Taxccount. Being a small enterprise, we have got the sufficient finances or time to hire an in-house bookkeeper and we have spent years muddling through on our own. The first month after deciding to work with Taxccount for payroll and accounting services, it was as if a weight had been removed! Since we are involved in providing an ecosystem for businesses, Taxccount’s accounting services come in extremely handy for us and make our job much easier.
Sudhith PD
Our staff now depends heavily on Taxccount’s services. Without them, I can't fathom how well my business would operate. They assisted me in maintaining my highly erratic bookkeeping and organizing it so that when December rolls around, neither my employees nor I would be in a panic. We never imagined that the tax season would go well, but Taxccount made it much easier than in previous years. I can't speak highly enough about their professionalism and experience!
Daljeet Singh Bhatia
For the filing of our company's taxes, we rely on Taxccount’s tax-related services. We discovered that tax filing had suddenly become too hard for us to do alone as our business and workforce expanded. The tax accountants have greatly reduced our amount of taxable income by locating tax benefits for us that we never would have discovered on our own. They collaborated with us all year long to provide advice on potential strategies for long-term tax minimization. We were so pleased with the tax preparation and planning services provided to our business that I asked them to also handle the personal taxes for my family.
Prashant Sharma
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