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Trishul Consultants HST Services

Ensure that your HST returns are meticulously filed with confidence and expertise. At Trishul Consultants, we handle the full scope of HST return services for businesses across various industries, guaranteeing compliance with Canada Revenue Agency (CRA) standards. Our team is committed to delivering accurate and timely filings to suit the unique requirements of your enterprise.

Timely and accurate HST filings are essential for maintaining good standing with the CRA and avoiding penalties. We manage every aspect of your HST filing, from calculations to submission, helping you claim all eligible input tax credits to support your financial goals.

Trishul Consultants understands that navigating HST regulations can be complex. We tailor our approach to fit your business's specific needs, allowing you to concentrate on core operations while we ensure your tax obligations are in capable hands.

HST RETURN SERVICES


HST REGISTRATION REQUIREMENTS

Your business may need to register for HST if:

  • Your taxable sales, leases, or supplies within Canada exceed $30,000 in a 12-month period.
  • You don’t qualify as a “small supplier” due to consistent sales over $30,000 across four quarters.
  • You operate as a self-employed taxi or ride-share driver, even if your earnings are under $30,000.

HST FILING DEADLINES

  • Monthly Filers: Returns and payments are due one month after each reporting period.
  • Quarterly Filers: Submit your returns and payments within one month after each quarter ends.
  • Annual Filers: Corporate annual filers should submit within three months after their fiscal year-end.
  • Individuals (Annual): Payment is due by April 30, while the return filing deadline is June 15.

BENEFITS OF INPUT TAX CREDITS (ITC)

HST registration allows you to claim input tax credits, which can reduce the net tax you owe. Keep in mind that once registered, you must collect and remit HST on applicable sales and services.