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GST & HST Changes To Be Aware Of

There are a lot changes coming to GST/HST.  Of course, the big issue on everyone's mind is the transition to HST from GST effective the 1st of this coming July.  But there are other changes that businesses and individuals should be aware of as well.   Effective the 15th of December 2009, certain financial services that were previously considered GST exempt are now subject to GST, including credit checks, loan facilitation fees, investment advice and other financial services.  Also, effective 1 July 2010, if your business does over $1.5 million in sales annually, then your business must file its GST/HST return electronically, otherwise it will not be considered to be filed on time.  If you have any questions regarding any GST or HST concerns, please call our office and we will be glad to give you guidance on your GST and HST issues.

We understand business As a business owner, you have come to realize that having a strong support team is essential to your continuing success. As part of your team, the firm of Rychard Lardner, CA can provide expert and timely accounting, tax and financial advice on a variety of business issues and family affairs.
Accounting Services With a solid foundation of accounting and business knowledge, we proactively provide a range of business, taxation and accounting services including financial statement preparation, tax planning and business & finance management. We can also assist in arranging financing and credit facilities with your financial institution or in obtaining other financing, either through venture capital funds or even an initial public offering.


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