HST Sales Tax Filing Toronto
Dealing with sales tax is an inherent part of running a business. In Canada, each province has its method of calculating sales tax. Five out of 10 have harmonized their provincial sales tax with the GST to create the Harmonized Sales Tax (HST). The tax rate is 15% in participating places except for Ontario, where it is 13%.
Businesses gross revenue that exceed $30,000, must register, report, and remit HST taxes either monthly, quarterly or yearly. However, reporting the HST collected from sales and the HST paid on expenses can vary from business to business. With our HST Sales Tax Filing Toronto services, we will guide you in every way, helping you get the most or pay the least.