What are GST / HST Tax Credits For Small Businesses

Welcome to part 2 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're going to learn about GST / HST tax credits and how they apply to your business.

Download the lesson here:

https://media.melinasolutions.ca/What-are-GST-HST-Tax-Credits-For-Small-Businesses.pdf

Find out more about GST and HST tax credits on the CRA website:

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/complete-file-input-tax-credit/calculate-purchases-expenses.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.