Why GST/HST Filing Matters
A business must register for GST/HST once it exceeds $30,000 in revenue over four consecutive calendar quarters, and generally has 29 days to register once that threshold is passed. GST/HST returns can be filed monthly, quarterly, or annually, depending on the business’s assigned reporting period and revenue. Input tax credits let a registered business recover the GST/HST it pays on business expenses, reducing the net amount remitted to the CRA.

