With the onset of the global pandemic, the federal government postponed its budget for March 2020 and, instead, delivered a Fall Economic Statement (FES): Supporting Canadians and Fighting COVID-19 on ...
It is well known that a GST/HST-registered person can purchase certain types of commercial real property without paying GST/HST to the vendor. Under subsection 221(2) of the Excise Tax Act (Canada) ...
Tax season in Canada is officially upon us, and some taxpayers could be eligible to receive a pretty big rebate this year.
Canadian taxpayers will no longer have to check off a box on their tax returns when they’re applying for the Goods and Services Tax/Harmonized Sales Tax credit, the government proposed in Tuesday’s ...
After rising 2.3% in January, Canada’s Consumer Price Index (CPI) increased 1.8% year over year in February, pointing to easing price pressures. The slowdown in annual inflation largely reflects ...
Add Yahoo as a preferred source to see more of our stories on Google. October is almost here, and that means another round of government payments is on the way for millions of Canadians. The next ...
The Canada Revenue Agency (CRA) is now accepting applications for the new first-time home buyers’ (FTHB) GST/HST rebate, one of the ways the Government of Canada ...
Every business in Canada with gross revenues greater than $30,000 must register for a goods and services tax number (GST), according to the Canada Revenue Agency, the national taxing agency. The ...
The Canada Revenue Agency (CRA) says it will soon release information about GST/HST being applicable to trailing commissions, effective July 1. The agency said in an email on Tuesday that it will ...
Whether you are transporting goods within a province, across provincial borders, or internationally, calculating the correct amount of GST/HST to charge is essential for accurate billing and tax ...