Unlike annual tax, the deadlines to remit your GST/HST is determined by your reporting periods that vary between individuals. If you are a first time filer, whether or how you should pay the GST/HST instalments in the next fiscal year would have to depend on your net tax.
Confusing and downright tedious, we hear you. To save you the trouble and avoid the risk of mistakes that will result in penalties and interests, we recommend that you conduct an internal sales tax audit to establish a risk management approach at hand. Book a consultation with us today to learn more about your sales tax remittance. Our accountants will take into account all aspects of your business to customize an optimal approach for you. Once an agreement is reached, we will process your remittance and see to it with precision.