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Gst34 2  Form

Gst34 2 Form

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Instructions and help about gst34 2e form

okay so one of the questions we get asked often is how do we file our quarterly taxes now specifically this is related to GST HST or some form of sales tax because when it comes to business and personal taxes we don't have to file those quarterly we file those annually so on the sales tax side GST HST there's as soon as you register it depends on your sales the frequency in which you have to report so sometimes if a business is larger uh you have to file monthly like our business has to file monthly uh you could also file quarterly if your sales are a little bit lower that's where we used to be until we hit a certain threshold and then sometimes businesses file annually and now in order to file that we need to do the calculations first of what the taxes are that we actually owe and if you look at your sales for example if I charge $100 in Ontario I would charge uh $100 plus HST and I would collect $13 in that instance there's $13 that I've collec

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