A Harmonized Sales Tax (GST/HST) account only needs to be registered when a business reaches $30,000 in sales either in one quarter or over four consecutive quarters. If you are below this threshold, you do not need to register, but if you have voluntarily registered for GST/HST and your sales are below $30,000 you still [...]
Tag Archives: HST
Revenue Canada fined Hamilton Mason $38,152 for Tax Evasion
Amaral of Hamilton, Ontario pleaded guilty on April 8, 2010, on two counts each of Income Tax and GST evasion. He evaded paying personal income tax in the amount of $23,709. He also evaded paying GST in the amount of $27,158. Mr Amaral was given two years to pay a fine in the amount of [...]
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Real Estate Agent in Kingston fined $7,000
Gayle Caldwell of Kingston Ontario pleaded guilty in the Ontario Court of Justice on April 9, 2010 on one count of tax evasion and on another count of GST evasion. Gayle Caldwell did not report all of her income for 2001 through 2005. She also did not report the GST collectable on her GST returns [...]
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Thanks to the H.S.T. the CRA Now Has More Auditors Than Ever!
The McGuinty government used many sell points when promoting the H.S.T. Some examples include; making some industries more competitive and reducing accounting expenses for business across the board. Prior to the new H.S.T., you would be required to collect and remit G.S.T. and in some cases also P.S.T.. If you fell behind remitting your taxes, [...]
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The Importance of a Paper Trail
Cash is ubiquitous. We use it everyday, everywhere. Despite what some people may think, the government does not care if you pay for your purchase or receive payment with cash or credit as long as you have evidence to record the transaction. Missing documentation for cash transactions may cause some of your expenses to be [...]
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- Accounting Firm Conspires in Tax Evasion Scheme
- Lakefield plumber fined $173,907 for tax evasion
- $9,000 fine for not filing tax returns
- Newmarket resident fined for not filing tax returns
- General contracting company fined for GST evasion
- STRAFFORDVILLE WOMAN FINED FOR TAX TRICKERY
- FAILURE TO FILE TAX RETURNS RESULTS IN A FINE OF $3,000 FOR LONDON ROOFER
- Guilty of fraud in charitable donations scheme
- A RESIDENT OF NORTH BAY WAS FINED FOR NOT COMPLYING WITH A JUDGE’S ORDER TO FILE CORPORATE INCOME TAX RETURNS
- JAILED AND FINED FOR FAILING TO COMPLY WITH COURT ORDER TO FILE