You should calculate the tax based on the amount you were charged for the service or IPP in Canadian dollars. The tax is due in the same reporting period that the service or IPP was paid for or became ...

the GST registration would be cancelled and all the amount due would become payable, as assessed by a GST Officer. Learn about the Cancellation of GST registration The GST general penalty of Rs.25000 ...

Under GST, the supply of goods or services from one state to another would be called interstate supply. The GST Act defines interstate supply as when the location of the supplier and the place of ...

On the other hand, "net" is typically used to describe the actual amount of money that remains after accounting for all expenses involved. For example, when discussing a business, gross income ...

Some last minute holiday shopping could be a bit cheaper than usual with the start of the two-month tax holiday that kicked in on Saturday. The temporary tax break removes the federal and ...

The minimum amount you can claim for a GST/HST rebate is $2. You must file your rebate application within 2 years after the date of your purchase. You must include the receipts and other pertinent ...

Canada’s GST holiday is here. In November, Prime Minister Justin Trudeau announced the two-month GST cut on groceries and other items heading into the busy and costly gift-giving season. “In just a ...

Net settlement is a key financial strategy where institutions consolidate all payments into a single net amount, rather than ... Both net settlement and gross settlement refer to the methods ...

If you pay U.S. taxes, chances are you've come across the term "adjusted gross income ... How to calculate AGI This is the total amount of taxable money you receive in any given year, including ...

The $240 million in Commonwealth funds for the Macquarie Point stadium and precinct will now be exempt from GST calculations, leaving more money to the state. The state Liberal government ...

Fitria Ramli / EyeEm Cash flow is the net amount of cash and cash equivalents being transacted in and out of a company in a given period. If a company has positive cash flow, the company's liquid ...