Now that your business is up and running, you might need to add an extra skill to your growing list: tax collector. That’s because once your sales ramp up, you may need to register for, collect, and remit the federal goods and services tax (GST) or, in some provinces, the harmonized sales tax (HST). Don’t worry, we’ve outlined it all for you below!
Understanding the GST and HST registration requirements can be confusing. The requirements can differ based on where you’re located, how much — and what — you’re selling, and where your customers are located. Here’s a quick guide to help you figure out the requirements.