GST & HST in Canada: A Practical Guide for Vancouver Businesses
Understand when to register, how to charge and file, and how to claim Input Tax Credits (ITCs). Use our quick calculator and book a call with Judi Wang, CPA for tailored advice.
Focus: GST/HST Vancouver small business
What are GST and HST?
The Goods and Services Tax (GST) is a federal tax of 5% applied to most supplies of goods and services in Canada. The Harmonized Sales Tax (HST) combines federal GST with a provincial portion and applies in certain provinces (rate varies by province).
- GST is federal; HST is federal + provincial combined.
- Rates differ by province—know your customer’s place of supply.
- Correct setup helps with compliance and avoids costly errors.
Who needs to register for GST/HST?
Mandatory registration occurs when your worldwide taxable sales exceed $30,000 in a single calendar quarter or over the last four consecutive quarters.
- Below $30,000? You’re a small supplier (registration optional).
- Voluntary registration lets you claim ITCs earlier.
- Register online through CRA or ask us to guide you.
Quick GST/HST Calculator
Note: Rates/places of supply can change. Confirm with CRA or your CPA.
Calculating and charging GST/HST
Charge the correct rate based on the place of supply and the nature of your goods or services. Display tax clearly on invoices. For cross-provincial sales, rules may differ. If in doubt, consult our
GST/HST guide or Tax Planning Services.
Filing GST/HST returns
- Filing frequency: monthly, quarterly, or annually.
- File online via CRA My Business Account.
- Keep clean records for easy remittance and audit readiness.
Input Tax Credits (ITCs)
Claim ITCs for GST/HST paid on eligible business expenses to reduce your net tax. Good documentation is essential. Our
Bookkeeping Services and Tax Planning Services help you capture all eligible credits.
- Keep invoices/receipts with your CRA BN and vendor details.
- Track mixed-use purchases carefully.
- Retain records for audits per CRA requirements.
Special considerations by business type
Non-profits, charities, exports, and certain professional services can have special rules, rebates, or zero-rating. If your sales span multiple provinces or countries, confirm place-of-supply. Explore our
International Taxation overview or contact us for a tailored review.
Common mistakes and how to avoid them
- Missing the $30,000 threshold and registering late.
- Charging the wrong rate for place of supply.
- Overlooking ITCs due to weak record-keeping.
- Late filings and remittances.
Use a recurring calendar and a solid bookkeeping process. If you’re unsure, our Business Accounting Services can implement best practices for you.
Get tailored GST/HST support
Whether you’re just crossing the small supplier threshold or scaling across provinces, a CPA can save you time and reduce risk. Connect with Judi Wang, CPA to set your GST/HST policy, streamline filings, and maximize your ITCs.
This overview draws on common CRA practices and typical scenarios. For current rates and rules, consult CRA or your CPA. Content by Judi Wang, CPA, CGA (Vancouver).