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Accounting Tag

July 8, 2018 In Uncategorized By Admin

GST Accounting and Input Tax Credits

If you’re a small business earning more than $30,000 annually, registering for GST is mandatory unless the products and services you provide are GST-exempt. What are input tax credits? Input tax credits are credits that are applied to your GST account under the expense...

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July 1, 2018 In Uncategorized By Admin

Small Business Tips: PST Accounting

PST accounting involves the financial management of ‘Provincial Sales Tax’ and overall financial compliance with business taxes. In the first few years of operating a business, business owners may be audited for compliance. Audits can be intimidating, especially for small businesses that have not...

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