Have a fabulous summer weekend Judy!
The first thing we do, lets kill all the lawyers accountants.Click on Help with Intuit Products International QuickBooks Canada Media Library (Canada).I'm not giving you the actual link because they seem to move it around.GST rebate (500 5).50, qST rebate (500 .975) .94, public service bodies that paid HST in the participating provinces may be entitled to a full or partial rebate of the federal component of the HST (portion corresponding to the GST).If your registered charity paid GST/HST in more than one province and/or territory, then you must record the sales tax paid, by province and/or territory.January 1, 2015, the rebate rate.How to get your gst hst new residential rebate.CRA, on August 4, 2016 wrote that its Charities Directorate is introducing new ways to encourage voluntary compliance in the charitable sector.Effective October 1, 2016 the sales tax rates are as follows: Province, gST/HST, pST, british Columbia 5 GST 7, alberta 5 GST 0, saskatchewan 5 GST 5, manitoba 5 GST.The table below gives the applicable rebate rates.GST/HST and QST Special Cases GST/HST and QST Public Service Bodies GST/HST and QST GST and QST Rebates for Public Service Bodies.Registered charities have core responsibilities, one of which is to file an annual information return within six months of the charitys fiscal year-end.It seems to me that now, as a charity, we are able to claim back 50 of the federal portion of the HST and 57 of the provincial portion of the HST.Nunavut 5 GST 0, yukon 5 GST 0 Prince Edward Island will increase its sales tax from 14 to 15 effective October 1, 2016.Charitable organizations, non-profit organizations (NPO or public service body (PSBs) located in British Columbia, New Brunswick, Nova Scotia, Ontario or Quebec, are subject to a unique regime under the Excise Tax Act in Canada.
However, it may claim a rebate of 50 (the rebate rate for charities) of the GST and QST paid on the dinnerware it purchased.
In addition to listing board members who can contact CRA on your behalf, it is recommended that the law firm and your auditors/external accountants name be included.Public Service Bodies GST/HST and QST.For more information, consult the Canada Revenue Agency guide.Unfortunately, exempt from tax under Part I of the Act refers only to taxable income.So I set up 2 more liability accounts - the same so the GST Receivable Account I had previously used.Detach and return this part do not use this area completing your gst hst return only complete the lines of the return that apply to you complete the return.If goodyear winter tire mail in rebate you are incorporated in Ontario and subject to the Ontario Corporations Act, you must also include one of the following: Form RC232-WS, Director/Officer Worksheet and Ontario Corporations Information Act Annual Return Form RC232, Ontario Corporations Information Act Annual Return Form RC232, Ontario Corporations Information.I'm able to look at the GST Receivable account and know how much to claim back.I fill out the gov't form twice a year to claim the rebate.
However in my first posting, when I tried to separate the HST into the appropriate Receivable accounts, QB told me that I can only use one Receivable account per transaction.