/u/lawrencep93 on Small business GST

The NBN is NOT about the speeds that the average home based user can get, the real reason for the NBN is because the Government knows that it will drive small business to another level – small business derives huge amounts of TAX for the government and if small business makes more, then so does the Government.

How to file your GST/HST Return online using the CRA’s Netfile system.. Small Business Canada – Critical decisions every Canadian Small Business Needs to Make – Duration: 32:55.

PLUS GST. The worst case is if it increases purchases that are made to international companies that mostly sell imported goods, and who try to minimise their local tax exposure. Although I don’t know if this would really happen, as a lot of these imported goods are more expensive here even with GST taken out.

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A practical GST guide for businesses 1. Registration. The obligation to register for GST applies to both residents and non-residents who carry on taxable activities in New Zealand (s 8(2)). An individual or entity that supplies goods and services for more than $60,000 a year is required to register for GST (s 51).

I saved and invested beforehand and I do work for my OH small business. I don’t know where all this anger comes from but I hope you feel better soon. Share: Rate: Previous /u/Cypher___ on Guy I know is a broker. Is it just me or is this kind of encouraging really bad behaviour?

Goods and services tax (GST) is added to the price of most products and services. If you’re GST registered, you can claim back the GST you pay on goods or services you buy for your business. You can also charge GST (15%) on what you sell – this is collecting it on the government’s behalf.

If your small business is classed as a small supplier, you’ll want to watch your revenue carefully. When you register to collect GST/HST, your business will be assigned a business number ; this is the number that you and the Canada Revenue Agency will use to identify your business.

GST/HST NETFILE is an internet-based filing service that allows eligible registrants to file their goods and services tax/harmonized sales tax (gst/hst) returns directly to the Canada Revenue Agency (CRA) over the Internet.

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