Published: February 11, 2021
Any business with sales in excess of $30,000 per annum is required to register for GST/HST and to collect and remit those taxes to CRA. A business with sales of less than $30,000 per annum can also register to be able to claim a deduction for input tax credits (GST/HST paid out).
Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."
