How to Calculate GST / HST Payable and Complete a GST / HST Remittance Form For Small Businesses

Welcome to part 3 of a 4 - part series introducing small business owners and entrepreneurs to GST and HST in Canada. Why is this series important? It will help business owners understand how to register for GST / HST, collect GST / HST, submit GST / HST payments and everything in between in a simple, straightforward and approachable way.

In this post, you will learn how to calculate GST / HST owning and how to submit it to the CRA in a seamless way that doesn't add more to your to-do list but fits in to your bookkeeping routine.

Download the lesson here:

https://media.melinasolutions.ca/How-to-Calculate-GST-HST-Payable-and-Complete-a-GST-HST-Remittance-Form-For-Small-Businesses-Article.pdf

For detailed instructions on completing the Goods and Services Tax / Harmonized Sales Tax (GST/HST) Return:

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/complete-file-instructions.html

For more information on GST and HST:

Part 1: When to charge for GST / HST

Part 2: GST / HST tax credits for small businesses

Part 3: How to calculate GST / HST payable and complete a remittance form

Part 4: How to Remit a GST / HST Tax Return and Filing Deadlines For Small Businesses

Check out my top tips for do-it-yourself bookkeeping here.