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Susan Ward

Does Your Business Have to Register for GST/HST and/or PST?

By March 2, 2014

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Maybe.

In terms of GST (the Goods and Services Tax) ...everyone in Canada who sell goods and services in Canada must charge customers GST/HST unless your business qualifies as an exception.

woman's hands using electronic cash register

Being a small supplier is one of these exceptions.

However, even if you do qualify as a small supplier, you may want to register for GST/HST anyhow, because if you're not a GST/HST registrant, you won't be able to claim any Input Tax Credits and get back the GST/HST you've paid out in the course of doing business.

How to Register for the GST/HST.

As for PST (Provincial Sales Tax)

You have no choice.

If you live in a province that has a provincial or retail sales tax (as PST is sometimes called) and the goods or services you sell are not PST/RST exempt, you have to register for, collect and remit it.

It's not a matter of having to make a particular amount of sales or revenue before you have to register.

Refer to:

The Provincial Sales Taxes section of this website provides more information.

More on GST/HST and PST/RST

Image (c) Colorblind / Getty Images

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