GST & HST remittance

Service Overview

GST/HST remittance is like settling up with the government for the sales tax you've collected on its behalf. Whenever you sell goods or services in Canada, you usually charge your customers GST (Goods and Services Tax) or HST (Harmonized Sales Tax), depending on your province. Think of it as collecting tax money in a piggy bank. Periodically, you need to count up that money and send it over to the Canada Revenue Agency (CRA).

Remitting this tax on time is crucial because it's not your money to keep—it belongs to the government. Late payments can lead to penalties and interest, which no business wants. Plus, managing this process carefully is important for your cash flow, ensuring you’re not caught off guard when it’s time to remit. If you spend that tax money instead of setting it aside, you could face a cash crunch when the payment deadline rolls around

CRA Forms and Documentation

• GST34-2/E, GST/HST Return for Registrants: This is the primary form used by GST/HST registrants to file their returns. It includes the total sales, GST/HST collected or that should have been collected, and input tax credits.
• GST60, GST/HST Return for Purchasers of Real Property or Carbon Emission Allowances: Used by purchasers of real property or carbon emission allowances to remit the GST/HST directly to the CRA.
• GST62, Goods and Services Tax/Harmonized Sales Tax (GST/HST) Return (Non-personalized): For registrants who need to file a return manually and have not received a personalized return in the mail.
• GST159, Goods and Services Tax/Harmonized Sales Tax (GST/HST) and Quebec Sales Tax (QST) Return for Selected Listed Financial Institutions: This form is for selected listed financial institutions (SLFIs) that are required to file returns for the GST/HST and QST.
• GST191, GST/HST New Housing Rebate Application for Owner-Built Houses: Homeowners who build or substantially renovate their own house can use this form to apply for a rebate of the GST/HST paid on the construction or renovation costs.
• GST288, Supplement to the Goods and Services Tax/Harmonized Sales Tax (GST/HST) Return (Non-personalized): A supplemental form used in conjunction with the GST62 return form, allowing registrants to report additional information or adjustments.
• RC4022, General Information for GST/HST Registrants: Though not a form, this guide is essential for understanding GST/HST registration, collecting, claiming input tax credits, and how to file and remit the GST/HST.

Contact and Consultation

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