Tag / GST/HST
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Digital Currency: Basics and Tax Implications
What is Digital Currency (DC)? DC is essentially electronic money. It’s not available as bills or coins. Cryptocurrency is a type of DC created using computer algorithms with the most popular being…
June 25, 2018 -
Reasonable Automobile Allowances: GST/HST Claim
A travel allowance paid to an employee for the use of their personal vehicle for business purposes will be non-taxable if it is reasonable. Where such reasonable allowances are paid, an input…
June 4, 2018 -
Changes to GST/HST Return Filing – Starting October 19, 2015
If you are registered for GST/HST, CRA will provide you with a new and unique access code on your GST34-2 Goods and Services Tax/Harmonized Sales Tax (GST/HST) Return for Registrants or GST34-3…
September 28, 2015 -
GST/HST and Taxable Benefits: Impact on Employee and Employer
The provision of some benefits to employees may be subject to GST/HST. Essentially, the CRA wants to ensure that the same amount of GST/HST is paid whether an employee purchases a good…
February 2, 2015