Wednesday, January 6, 2010

Starting A New Business In Canada I'm Starting A Proprietor Business In BC, Canada, Do I Need To Register For GST And PST?

I'm starting a proprietor business in BC, canada, do i need to register for GST and PST? - starting a new business in canada

I started a business in British Columbia, Canada, I need to register for GST and PST? I thought if I am not an income over $ 30K, I did not need, but what can I do about products I buy to PST and GST to pay me? i will pay to the customer?

3 comments:

T E said...

In general, registration is required. But the rules for exemption from the GST GST if your turnover is over $ 30K, if the rules appear to be an exception BC PST. If you are GST to customers, you qualify for a credit on their purchases GST GST, but not otherwise. The following excerpts are the details for your reference:

If you sell products and services in Canada, must charge GST HST customer, unless your company as an exception.
1. The possible exceptions are:
1) When products or services (yours to zero as exports, medical equipment and basic foodstuffs), or goods or services (such as music lessons or free child care) You do not have any GST HST.
2) 2) You are a smaller player, whether "your overall tax revenues in all business expenses, $ 30,000 or less in four consecutive quarters and one quarter.
When the exception of # 1 is not applicable, and more than U.S. $ 30,000 must register and pay GST on.

In principle, the GST registration, the Revenue Agency of Canada for GST registration number (also the number of companies), and are then used on all invoices that are your bookkeeping and taxes for correspondence in connection with CRA.
GST registration is quick and easy, you can complete your GST registration, by calling the Revenue Agency of Canada at 1-800-959-5525 or via download RC1 Request for a BN and filling out the form to the CRA.
As soon as you get ready for GST, you are ready to collect and remit the GST (or HST).
http://sbinfocanada.about.com/od/gsthst/ ...


Involved in British Columbia, if your company is located in one of the following, which must register as a vendor and obtain a license revenues.
· Have taxable sale of goods: alcoholic beverages, the supply of automotive parts, building materials, cigarettes, snuff and other products, flowers, miscellaneous goods, such as cosmetics, appliances, souvenirs, clothing, art supplies Househbe downloaded age or office furniture, motor vehicles, propane (not an exhaustive list. For more information, please contact your local retail taxes Branch).
Real · lease as lessor
· Legal Services
The rights to the parking lot
• provision of taxable services. A service fee of each service provided to install, assemble to disassemble, repair, adjust, repair, renovate, or maintain tangible personal property end: maintenance and repair of motor vehicles, namely the repair of the re-upholstery and furniture refinishing , installation and maintenance of software, maintenance of office equipment, such as cash registers, copiers and computers. Watch repair and maintenance. be downloaded (not an exhaustive list. For more information, please contact your local retail taxes Branch).
· Telecommunications Services
• to sell, as administrator, receiver manager or trustee, and for the cause of your company to act.
Regardless of your income. PST has a turnover of taxable goods and services are provided in the rules collectedna
The seller permit is required to levy, collect and sales tax (RST / PST) on their taxable sales should be adopted.

http://www.companyformations.ca/British_ ...

T E said...

In general, registration is required. But the rules for exemption from the GST GST if your turnover is over $ 30K, if the rules appear to be an exception BC PST. If you are GST to customers, you qualify for a credit on their purchases GST GST, but not otherwise. The following excerpts are the details for your reference:

If you sell products and services in Canada, must charge GST HST customer, unless your company as an exception.
1. The possible exceptions are:
1) When products or services (yours to zero as exports, medical equipment and basic foodstuffs), or goods or services (such as music lessons or free child care) You do not have any GST HST.
2) 2) You are a smaller player, whether "your overall tax revenues in all business expenses, $ 30,000 or less in four consecutive quarters and one quarter.
When the exception of # 1 is not applicable, and more than U.S. $ 30,000 must register and pay GST on.

In principle, the GST registration, the Revenue Agency of Canada for GST registration number (also the number of companies), and are then used on all invoices that are your bookkeeping and taxes for correspondence in connection with CRA.
GST registration is quick and easy, you can complete your GST registration, by calling the Revenue Agency of Canada at 1-800-959-5525 or via download RC1 Request for a BN and filling out the form to the CRA.
As soon as you get ready for GST, you are ready to collect and remit the GST (or HST).
http://sbinfocanada.about.com/od/gsthst/ ...


Involved in British Columbia, if your company is located in one of the following, which must register as a vendor and obtain a license revenues.
· Have taxable sale of goods: alcoholic beverages, the supply of automotive parts, building materials, cigarettes, snuff and other products, flowers, miscellaneous goods, such as cosmetics, appliances, souvenirs, clothing, art supplies Househbe downloaded age or office furniture, motor vehicles, propane (not an exhaustive list. For more information, please contact your local retail taxes Branch).
Real · lease as lessor
· Legal Services
The rights to the parking lot
• provision of taxable services. A service fee of each service provided to install, assemble to disassemble, repair, adjust, repair, renovate, or maintain tangible personal property end: maintenance and repair of motor vehicles, namely the repair of the re-upholstery and furniture refinishing , installation and maintenance of software, maintenance of office equipment, such as cash registers, copiers and computers. Watch repair and maintenance. be downloaded (not an exhaustive list. For more information, please contact your local retail taxes Branch).
· Telecommunications Services
• to sell, as administrator, receiver manager or trustee, and for the cause of your company to act.
Regardless of your income. PST has a turnover of taxable goods and services are provided in the rules collectedna
The seller permit is required to levy, collect and sales tax (RST / PST) on their taxable sales should be adopted.

http://www.companyformations.ca/British_ ...

T E said...

In general, registration is required. But the rules for exemption from the GST GST if your turnover is over $ 30K, if the rules appear to be an exception BC PST. If you are GST to customers, you qualify for a credit on their purchases GST GST, but not otherwise. The following excerpts are the details for your reference:

If you sell products and services in Canada, must charge GST HST customer, unless your company as an exception.
1. The possible exceptions are:
1) When products or services (yours to zero as exports, medical equipment and basic foodstuffs), or goods or services (such as music lessons or free child care) You do not have any GST HST.
2) 2) You are a smaller player, whether "your overall tax revenues in all business expenses, $ 30,000 or less in four consecutive quarters and one quarter.
When the exception of # 1 is not applicable, and more than U.S. $ 30,000 must register and pay GST on.

In principle, the GST registration, the Revenue Agency of Canada for GST registration number (also the number of companies), and are then used on all invoices that are your bookkeeping and taxes for correspondence in connection with CRA.
GST registration is quick and easy, you can complete your GST registration, by calling the Revenue Agency of Canada at 1-800-959-5525 or via download RC1 Request for a BN and filling out the form to the CRA.
As soon as you get ready for GST, you are ready to collect and remit the GST (or HST).
http://sbinfocanada.about.com/od/gsthst/ ...


Involved in British Columbia, if your company is located in one of the following, which must register as a vendor and obtain a license revenues.
· Have taxable sale of goods: alcoholic beverages, the supply of automotive parts, building materials, cigarettes, snuff and other products, flowers, miscellaneous goods, such as cosmetics, appliances, souvenirs, clothing, art supplies Househbe downloaded age or office furniture, motor vehicles, propane (not an exhaustive list. For more information, please contact your local retail taxes Branch).
Real · lease as lessor
· Legal Services
The rights to the parking lot
• provision of taxable services. A service fee of each service provided to install, assemble to disassemble, repair, adjust, repair, renovate, or maintain tangible personal property end: maintenance and repair of motor vehicles, namely the repair of the re-upholstery and furniture refinishing , installation and maintenance of software, maintenance of office equipment, such as cash registers, copiers and computers. Watch repair and maintenance. be downloaded (not an exhaustive list. For more information, please contact your local retail taxes Branch).
· Telecommunications Services
• to sell, as administrator, receiver manager or trustee, and for the cause of your company to act.
Regardless of your income. PST has a turnover of taxable goods and services are provided in the rules collectedna
The seller permit is required to levy, collect and sales tax (RST / PST) on their taxable sales should be adopted.

http://www.companyformations.ca/British_ ...

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