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In this video tutorial, I'll share how to register for GST/HST numbers in Canada. I'll go through things you need to have before starting the GST/HST registration process like when to register for GST/HST and what's the revenue threshold, voluntary GST registration for small businesses, and how to get a GST/HST refund through something called input tax credit (ITC), how to validate your business number, reporting period, the effective date of registration and much more.
I'll also share with you how to create a CRA My Business profile to be able to file and remit your GST/HST sales tax return to CRA in 2024.
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⌚ TIMESTAMPS
00:00 Intro
00:12 What is GST/HST Sales Tax?
00:20 When To Register & Start Collecting GST/HST?
00:40 Voluntary GST/HST Registration for your Small Business
00:50 Claim Input Tax Credits to get GST HST Refunds
01:08 What You Need Before Starting GST/HST Registration
02:30 How to Register for GST/HST in Canada
06:45 Create CRA My Business to File & Pay GST/HST
08:40 What’s Next?
Got questions? Make sure to comment below!
#GstRegistration #GSTHST #HstRegistration
