Do I Need a GST/QST number ?
January 13, 2018 - 0
As a rule, if your sales are over $30,000 in a calendar quarter, and over four consecutive quarters, you are no longer a small supplier. That means you are required to register for GST/QST.
Even if that’s not the case, it’s worth looking into. You might be able to claim some tax credits on GST/QST paid on your business purchases and expenses.
Note that special rules apply to taxi or limousine operators, charities and public institutions.
For details, consult the Canada Revenu Agency web site: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/menu-eng.html
Then, call us! We will be happy to help you figure out what’s best for you and submit the application.