IT Services - Business - do we need GST/ HST ?

Jump to Page:
< Previous [ 1 ] Next >

naudurivsm
Member since: May 04

Posts: 376
Location: VA, USA
Post ID: #PID

Posted on: 09-02-05 11:45:21

I/We have a new IT and Non- It consulting services business started in ON Canada and duly incorporated it.

It also a business number assingned for corporate taxation purposes.
Do we need to register the business number for GST/ HST for the kind of business we are in ? that is for IT/ Non-It consulting services ?

I would appreaciate a suggestion from someone in the same line.

Thanks

Smiley
Member since: Mar 03

Posts: 1185
Location: USA
Post ID: #PID

Posted on: 09-02-05 12:37:24

If your gross annual turnover would be > 30K , u need to register for GST

-----------------------------------------------------------------
We will find a way or we will make one

naudurivsm
Member since: May 04

Posts: 376
Location: VA, USA
Post ID: #PID

Posted on: 09-02-05 12:40:58

Quote:
Orginally posted by Smiley

If your gross annual turnover would be > 30K , u need to register for GST

Thanks, Ii will be registereing for the same.

dp_jain
Member since: Jan 04

Posts: 418
Location: Brampton
Post ID: #PID

Posted on: 09-02-05 21:42:18

Quote:
Orginally posted by Smiley

If your gross annual turnover would be > 30K , u need to register for GST

One can voluntarily register even if gross turnover is < 30k. Once you are registered, you have to charge GST/HST. If you hire any employeee or wish to pay yourself, you need to register for payroll deductions.

-----------------------------------------------------------------
Live and Let Live. Together we can make a difference.

DP JAIN, CPA, CGA, CPA (US), CA(I), LL.B.(I)
416-305-0080
(Loans, Mortgage, Tax, Accounting, Investments)

Jump to Page: < Previous [ 1 ] Next >

Show Printable version

Send this page to a friend

Add to favorites

Discussions similar to: IT Services - Business - do we need GST/ HST ?
	Topic	Forum	Views	Replies
	Doing Business in Ontario	Business	2319	0
	Car Wash Business	Business	2837	3
	Telecom Business Oppurtunity	Business	1554	0
	SETTLEMENT SERVICES FOR NEW DESIS IN CANADA	Life	1662	1
	Need some clarifications about setting up new firms	Accounting and Taxation	1522	6
	SETTLEMENT SERVICES FOR NEW DESIS IN CANADA	Business	1654	4
	IT Services - Business - do we need GST/ HST ?	Moving Soon	1388	3
	Business guys Business.	Business	2033	2
	Marketing Firm	Business	1575	0
	Counseling for business	Accounting and Taxation	1592	1
	Need some business consultation	Business	1795	1
	GST number ( 1 2 )	Accounting and Taxation	3508	9
	Name for the business	Business	1678	3
	it business or an other lucrative business	Business	2381	0
	Seniors Help on new bussiness registration	Accounting and Taxation	2052	3
	Question about GST	Accounting and Taxation	2082	2
	Buying/setup a Printing Business	Business	2129	1
	Need tax advice for small business	Accounting and Taxation	1507	2
	Small Business - Tax credits	Business	1673	0
	Business Analyst/Consultant-MBA Queen's University-4 yrs of experience	Jobs	1959	0
	Business Consulting. Starting a Business, business plans	Business	1803	1
	financial modelling	Financial Planning	2368	3
	withdrawing money from Business account	Accounting and Taxation	2053	5
	No advertisements in charcha please	Study	1407	2
	Question - Mortgage for Incorporated Business (IT Consultants)	Financial Planning	1657	6

Charcha

IT Services - Business - do we need GST/ HST ?

Discussions similar to: IT Services - Business - do we need GST/ HST ?