GST / HST reporting help

Canadian GST / HST Reporting

[gdguide]

Hey all,

I've just got my first GST / HST Return in the mail (Canada), and was wondering what I need to fill out. My business is totally commission based on a US audience where I sell nothing. Commissions come through free info. What do I need to fill out on the GST / HST reporting form? Also, I had no expenses during the reporting period where I can get a GST rebate of any kind. Am I just filling in zeros the whole way? (Besides my income for the period). Am I doing this right?

Thanks for any help,

Brian

[GeorgeK]

You would report your revenue for the period, in Canadian dollars (revenues not including any GST/PST). Presumably this was non-zero, as you said.

All the other values would be zero, if what you said was correct. If you had expenses that had GST, you can get ITC credits, to get a cheque back from the government reimbursing the GST you paid out.

If you expect to not have any major GST payable for the year (i.e. most income is from the US), you might want to ask them to be an annual filer, instead of a quarterly/monthly filer.

[gdguide]

Thanks George. That's what I thought, but I wasn't 100% sure. I just registered for the GST /HST, and so my reporting period is only from December 15th, 05 to December 31st, 05.

Brian