Admin Table of Contents
Who collects HST in Ontario?
the Canada Revenue Agency
The result was a 15% combined tax when the federal GST was added. The new tax for these provinces went into effect on April 1, 1997. The HST is collected by the Canada Revenue Agency, which then remits the appropriate amounts to the participating provinces.
Is HST charged on delivery?
The courier does not charge the GST/HST on its service, because it is an interlining carrier and not the invoicing carrier. When a courier company contracts with a person to deliver goods, the courier company issues an invoice to its customer and is responsible for charging and collecting the GST/HST.
What is exempt from HST?
You are not required to pay the Ontario portion (8%) of the HST on items such as books, children’s clothing and footwear, children’s car seats and car booster seats, diapers, qualifying food and beverages, and newspapers.
Do I charge HST if I make less than 30000?
Most people know that, under the GST/HST, a “small supplier” with sales under $30,000 per year does not need to charge GST/HST on their sales. You must charge GST/HST on all your sales (unless they are exempt or “zero-rated”).
Do you pay HST when selling a house?
Resale homes, also known as previously owned homes, are HST-exempt. HST, like GST before it, can only be charged once on any item being sold. Therefore, HST must be paid on the initial home purchase, but not when they are resold by the original owners or any owner thereafter.
How often do I pay HST?
These are monthly, quarterly, annually (December 31st year-end) and annually (custom year end). Your HST payment date is determined by which of these filing periods you follow. A monthly reporting period of July 1st to July 31st would have a filing and payment deadline of August 31st.
What is the due date for HST payments?
| Filing deadline | Payment deadline | Example |
|---|---|---|
| 3 months after fiscal year-end | 3 months after fiscal year-end | Reporting period: August 31 Filing deadline: November 30 Payment deadline: November 30 |
Is GST applicable on delivery charges?
Under GST, tax on the shipping, freight, and logistic charges have changed. GST must be charged on the cumulative value of supply. If the freight charge is included, then GST on freight charges must be levied at the tax rate same as the rate charged on supply of the goods or consignment.
Do you charge sales tax on shipping?
For taxable sales, delivery and shipping charges that are included in the sale price are generally subject to state sales tax. Shipping charges are exempt if the purchaser has the option to separately contract for shipping (e.g., by picking up the goods or arranging a third-party delivery).
When do I have to pay my GST and HST?
Your payment deadline depends on your GST/HST filing period. Most GST/HST payments are due at the same time as your GST/HST returns. Your payment deadline is different than your filing deadline if you are either: an individual who is an annual filer with a December 31 fiscal year-end and has business income for tax purposes
How does the GST / HST credit work in Canada?
The GST/HST credit is a tax-free payment that is paid out quarterly to eligible individuals. Good and Services Tax (GST) or Harmonized Sales Tax (HST) is levied when you pay for most goods and services in Canada. To help low-moderate income families offset the burden of this additional taxation, the federal government provides a credit
When do you have to start charging HST?
Calendar quarters are these three-month periods: So, if any four consecutive quarter period you have $30,000 in taxable supply, you have to charge HST. Here is an example:
Do you have to charge GST on government supplies?
Provincial and territorial governments have to charge the GST/HST on their taxable supplies of property and services. However, a number of supplies provided by government entities are exempt. You have to charge GST/HST on taxable supplies of goods and services you make to: