It is well known that a GST/HST-registered person can purchase certain types of commercial real property without paying GST/HST to the vendor. Under subsection 221(2) of the Excise Tax Act (Canada) ...
With the onset of the global pandemic, the federal government postponed its budget for March 2020 and, instead, delivered a Fall Economic Statement (FES): Supporting Canadians and Fighting COVID-19 on ...
The first benefits of the new year will go out Friday, with eligible Canadians receiving goods and services tax (GST) or harmonized sales tax (HST) credits from the federal government. It’s the third ...
This week, an employee asked me a personal finance question. It was an easy question, so I finished my response with “It’s not rocket science.” But to be fair, when it comes to taxes on real estate, ...
The GST/HST credit is a quarterly benefit that deposits tax-free money directly into your account, designed to help offset the cost of living by putting cash directly into the pockets of Canadians. If ...
If you're among the millions of Canadians receiving government payments from the Canada Revenue Agency, there's good news headed your way to kick off 2026. The first GST/HST Credit of the new calendar ...