GST: Exempt vs Taxable Supplies
When you’re first setting up your business, one of the things you might ask is if you need to charge GST. Chances are you don’t have time to sift through the Canada Revenue Agency’s massive guide for GST registrants to find the answer. You’re in luck, because this month on the blog, we’re answering some of the most common GST questions we get. When it comes to determining if you need to charge GST, you need to decide if you’re providing a taxable supply. Supply is the language used in the Income Tax Act to refer to what you’re selling. This [...]