Filing for Goods and Services Tax (GST) and Harmonized Sales Tax (HST) is often confusing for small business owners. It is important to understand when your business must charge GST/HST, in addition to all regulatory filings, reporting, and remitting requirements. Failing to meet tax deadlines may result in late penalties.

GST/HST Registration & Filing
All businesses with revenues over $30,000 in in any single calendar quarter and in the last four consecutive calendar quarters must register for GST/HST and file a GST/HST return even if there is no tax to remit.

If you don’t file your GST/HST return by the return’s due date (monthly, quarterly, or annually), the CRA will begin charging penalties and interest on any returns or amounts that they have not received. This can cause unnecessary costs and headaches to new and small businesses.

Filing Frequency
There are three levels of filing frequency depending on the amount of your taxable sales.