Jeremy Scott Tax Law

Navigating the Temporary GST/HST Relief: What Businesses Need to Know

Navigating the Temporary GST/HST Relief: What Businesses Need to Know

As the holiday season approaches, businesses across Canada face a significant challenge: implementing the Canadian government’s temporary GST/HST relief on select items. While this policy provides financial relief for consumers, it introduces a host of operational hurdles for vendors. With a tight timeline and legislative uncertainty, businesses must act quickly to adapt. This article explores […]

Understanding Harmonized Sales Tax (HST) and Its Impact on Your Business

Understanding Harmonized Sales Tax (HST) and Its Impact on Your Business

Navigating the complex world of taxation can be challenging for any business, especially when dealing with various types of sales taxes. One such tax, known as the Harmonized Sales Tax (HST), combines federal and provincial sales taxes into a single, unified tax. In this blog post, we’ll break down what HST is, how it works, […]

Using the Quebec Sales Tax Calculator for Accurate Tax Filing

Using the Quebec Sales Tax Calculator for Accurate Tax Filing

Filing taxes can be a daunting task, but using the right tools can make the process much simpler. The Quebec Sales Tax Calculator is designed to help you accurately calculate sales tax, ensuring you file your taxes correctly. In this guide, we will walk you through how to use the calculator, why it’s important, and […]

Canada GST/HST Rates: What Businesses Need to Know

Canada GST/HST Rates: What Businesses Need to Know

Navigating the complexities of GST and HST rates in Canada can be a daunting task for many businesses. Understanding these tax rates is crucial for compliance and effective financial management. In this blog, we’ll break down the essentials of GST and HST rates, making it easier for you to comprehend and apply them in your […]

GST44 – Purchase And Sale of A Business

Jeremy Scott Tax Law | GST44 - Purchase And Sale of A Business

Businesses are bought and sold every day in the ever-changing corporate landscape. Many business owners can move up quickly and increase their wealth by selling a booming business, while others can profit from purchasing a business that suits them. This constant changing of hands between buyers and sellers can help revitalize the economy and promote […]

Claiming GST/HST Input Tax Credits

Tax calculations with Canadian cash and calculator.

The typical Canadian company makes numerous expenditures each year, and they may end up paying a significant amount of GST/HST on these purchases.