Questions tagged [hst]

HST is the Harmonized Sales Tax in effect in several Canadian provinces. This is a combination of Federal and Provincial taxes that are applied in one transaction.

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Am I supposed to get “GST/HST credit” cheques even if I have substantial savings abroad?

I have moved to Canada, Nova Scotia about a year ago, so I filed my first tax return (2017) already. Long story short, I lived the entire year out of my own savings - there was no income and no ...
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HST vacant lot severed from a farm for sale, zoned residential but still has crop on it

I am considering selling a piece of land that was severed as a residential lot from our family farm. The crop has been planted on it, even though it was legally severed as residential. If I sell ...
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HST for a new home in Ontario, a first time home buyer

I am planning to buy a new home for 830,000, what is the HST calculation? Can HST be paid together with the mortgage? Thanks.
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How to apply 1% rate reduction using GST/QST Quick method?

I use Quick method for calcualting GST/QST remittances: The Quick Method is a simplified accounting method designed to help registrants calculate the GST and QST they must remit to Revenu ...
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HST rebate when buying a vacant piece of land / lot and building one's own new home on it?

I am looking at buying a vacant piece of land from a developer and building a house on it. I realize I must pay HST on the purchase of the land. If I act as the contractor/builder of my new home, ...
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Ontario, Canada rules for tax rates for services

In Canada, various provincial and federal taxes are applied to goods and services. In the event that a tax rate changes, there can often be confusion as to which tax rate to use for services rendered. ...
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Am I required to have my website registered as a business in Canada to collect HST?

Am I required to have my website registered as a business in Canada ON, to be able to sell ads? does the amount of income makes any difference? The reason I am asking this is I have been told that if ...
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Do I have to file two tax returns if I am employed and self-employed?

I am employed full-time by an employer that does tax deductions but I also work freelance on the side which I do have a business number for and collect HST. I know I have to fill out the HST forms (...