Simply Canadian Sales Taxes ... GST, HST, QST and Provincial Retail Sales Taxes
THE CHANGES CONTINUE ...
GST/HST issues related to charging an incorrect tax rate are numerous and
this may be a signifcant liability for many organizations
You do not want to miss the HST Place of Supply Rules webinar on June 20, 2018
Please click here or go to the webinar registration page.
Remember on March 1st, 2018 the voluntary disclosure program for GST and HST changed
Click here to see the October 2017 newsletter for more information. Spring budgets continue to be presented... so far no sales tax rate changes. ATTENTION: The Ontario large business recaptured input tax credit will be phased out on July 1, 2018. Two newsletters were released on December 2017.1 - Changes for 20182 - Taxable Benefit Time
It will be a happier 2018 due to changes to CRA's social events policy.
Beginning in 2018, the Social Event Threshold will IncreaseIf you provide a free party or other social event to all your employees and the cost is $150 per person or less, it is not considered to be a taxable benefit. Additional costs such as transportation home, taxi fare, and overnight accommodation are not included in the $150 per person amount. If the cost of the party is greater than $150 per person, the entire amount, including the additional costs, is a taxable benefit. ---- Live webinars will continue in 2018. New GST and HST webinars will be added each month. Click here to view the current offering and to register
The summer CPA Ontario schedule has included GST/HST courses for 2018. To register go to the CPA PD event registration portal and search "gaudon". All my courses will be listed.
Other changes to the GST/HST...
The Ontario large business recaptured input tax credit will be phased out on July 1, 2018.
Refer to CRA Info Sheet GI-171, Phasing out of Recaptured Input Tax Credits in Ontario for more information.
Bottom Line article written by Diane
- Starting a Business - Non-Accounting Considerations
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