Get The GST Out of Your Pocket
And Out of Your Hair!
GST is a regressive and ridiculously expensive tax. Paying GST on
everything from a cab fare to false teeth is bad enough. Worse is
that steady debt we build every time we earn a dime.
There are ways of making the GST process fairly painless - both
in the paying and in the reporting. Your tax preparer will be happy to
suggest ways to minimize the administration, the debt and the frustration.
At Artbooks we prefer not to charge for assistance with GST preparation
- just to tuck it in as part of the income tax service. Because of this
we don't keep copies of your GST returns but simply hand you the
completed form to pop into the mail yourself.
When you call to book your appointment, please tell us:
- If you are registered for GST
- If you think you will be registering for GST in this year
- If you need to talk about GST in your appointment
- Your GST number
- If you are on the Quick or Long Method
- If you file annually or quarterly (& how many quarters filed this year so far)
- If you are on the Long Method, whether you have factored GST out of your expense totals
For GST non-registrants
CCRA or The Agency is now scanning tax returns to see who bills more than $30,000 and then cross referencing them with GST registrants to make sure that everyone who should be registered is in fact out there doing their bit to collect GST taxes from the population at large. So be careful! If you are close to the thirty mark, consider the concept of registering now. Often when our income shoots up for the first time we are too busy to initiate anything so anxiety provoking as a new GST status.
More Information: Go to GST/HST - The Nuts and Bolts
ARTBOOKS
720 Spadina Avenue, Suite 513
Toronto ON • M5S 2T9
TEL: 416-466-4435 • FAX: 416-466-3818
EMAIL: artbooks@loosechange.ca
