GST/HST

by James Pendergast

What is the Marginal Tax Rate?

The marginal tax rate is the percentage of tax you will pay, which is based on the amount of income you earn. The more money you make, the more tax y...

by Jason Rosen

CRA Penalties and Interest

The Canada Revenue Agency (“CRA”) can charge interest and penalties for a variety of reasons. Perhaps more worrisome is the alarming rate that pen...

by Jason Rosen

Principal Residence Audit

A Principal Residence audit occurs when the Canada Revenue Agency audits a taxpayer for the sale of one, or multiple properties where no taxes are pai...

by James Pendergast

GST/HST New Home Housing Rebate

GST/HST New Home Housing Rebate When you buy a new property in Canada, you must pay GST or HST on the purchase. However, purchasers can receive a reba...

by Jason Rosen

Exporting Vehicles – GST/HST and Input Tax Credits

Exporting Vehicles – GST/HST and Input Tax Credits The sale and export of vehicles from Canada should theoretically yield GST/HST refunds. These...

by Jason Rosen

The CRA and Director’s Liability

What is Director’s Liability? In Canada, corporations are considered to be separate legal entities with their own assets and liabilities. It is a ba...

by James Pendergast

Have You Received A GST/HST Audit After Already Being Audited?

GST/HST Audits after already being Audited Subject to exceptions, Canadians running businesses are expected to collect and remit GST/HST to the govern...

by James Pendergast

Marijuana and Taxes

The Liberal Government continues to work towards legalizing marijuana throughout Canada by releasing proposed amendments to the Excise Tax Act concer...

by James Pendergast

Marijuana Dispensaries and Taxes

With the recent explosion of marijuana dispensaries in Vancouver and Toronto, the Canadian government is having a hard time coming up with new laws ...