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Am I required to collect GST? |
- Essentially if you operate a sole proprietorship, a partnership, or a corporation that has gross sales over $30,000 in a fiscal year you are required to collect GST on behalf of the federal government.
- If your annual GST-taxable sales and revenues are under $30,000 you are not required to register, but may register voluntarily as long as you are carrying on a commercial activity
- When you register for the GST, you will be assigned a Business Number (BN)
- For more info contact Canada Revenue Agency Business Window 1166 West Pender St, Vancouver, BC V6E 3H8 800.959.5525 (f):604.691.4446 www.cra-arc.gc.ca
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