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Euphoric !
Charging HST
My accountant informed me that since I made over 30k last year, that I now require an HST number and must start charging my customers this tax. Does anyone else find themselves in this situation? Is there a way around this? Any advice would be appreciated! (I hate tax season - there's always a nasty surprise!)
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Euphoric !
ARRRRGGGGGG ..... NO
I need to start doing taxes for home childcare providers so they stop getting ripped off by stupid people .... sorry hun but IMO your accountant needs to go back to SCHOOL cause he must have missed a few days of vital information including KNOW YOUR CLIENTS NEEDS!
Childcare ... THE ENTIRE INDUSTRY is EXEMPT from HST .... it does not matter if your revenue is $1,000,000.00 you do not have to charge or collect or remit HST and that is right on the CRA website for everyone to see .... including your accountant who should IMO CHECK the rules and regulations that apply to CHILDCARE if he has a client who operates in that industry!
I would email your accountant the following link and explain to him that NO you do not need to do this!
http://www.cra-arc.gc.ca/tx/bsnss/tp.../menu-eng.html
Children construct their own intelligence. The adult must provide activities and context, but most of all must be able to listen. Children need proof that adults believe in them. Their three great desires are to be listened to, to understand, and to demonstrate that they are exactly what we expect."
Loris Malaguzzi
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The Following 2 Users Say Thank You to Inspired by Reggio For This Useful Post:
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Starting to feel at home...
I believe your accountant is mistaken, just look at the CRA website under home daycare. I once had a call from the GST office and they just wanted to confirm that my home business was a daycare saying that I did not need a GST number ( now it would be HST). Daycare is exempt from HST you can't charge it and you don't need a number. Google daycare CRA and you will find the explanation directly from the horses mouth. Hope this helps.
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The Following User Says Thank You to ECE53 For This Useful Post:
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hmmmmm . . . . I should really do my taxes. Thanks for reminding me . . .
P.S. You should fire your accountant as I would not trust someone who can screw up something so simple. Even H&R Block didn't screw that one up on me last year! LOL
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The Following User Says Thank You to Cadillac For This Useful Post:
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Euphoric !
 Originally Posted by Cadillac
P.S. You should fire your accountant as I would not trust someone who can screw up something so simple. Even H&R Block didn't screw that one up on me last year! LOL
Yup - that would be a deal breaker for me ... I used an accountant my first two years in business to just help be get things 'set up' however I do my own now because well if you have not guessed I have 'control issues' in trusting other people and even with the accountant everything she 'told me' I could do I would than look up myself and have to read it first hand in order to believe it .... after all if I get audited it is not the ACCOUNTANT who has to pay the back taxes it is ME and well if I screw up I got no one to blame but myself but if the accountant screwed up on me I would be pissed beyond belief because I had paid them to 'take care of it' and they did not ... and honestly you cannot even sue them or have any recourse expect a 'better business complaint' because at the very bottom of the tax return you SIGN that ultimately YOU are responsible and agree that the return is accurate!
Children construct their own intelligence. The adult must provide activities and context, but most of all must be able to listen. Children need proof that adults believe in them. Their three great desires are to be listened to, to understand, and to demonstrate that they are exactly what we expect."
Loris Malaguzzi
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The Following User Says Thank You to Inspired by Reggio For This Useful Post:
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Totally agree with Inspired and fire that useless human being!
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The Following User Says Thank You to Cocoon For This Useful Post:
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Yep, he is totally wrong. The CRA tried to nab me a few years ago and I had to call them to tell them that the industry was exempt. Even the different departments within the government don't know what they are talking about.
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The Following User Says Thank You to jodaycare For This Useful Post:
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GOOD GRIEF! It says right on the CRA website that we are exempt.
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The Following User Says Thank You to Momof4 For This Useful Post:
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Euphoric !
Reggio, I'll pay you handsomely to do MY taxes. I'm terrified. 
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The Following 2 Users Say Thank You to Sandbox Sally For This Useful Post:
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Euphoric !
LOL ... it really is pretty easy - I use Turbo Tax Home and Business and it walks you through everything!
Children construct their own intelligence. The adult must provide activities and context, but most of all must be able to listen. Children need proof that adults believe in them. Their three great desires are to be listened to, to understand, and to demonstrate that they are exactly what we expect."
Loris Malaguzzi
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The Following User Says Thank You to Inspired by Reggio For This Useful Post:
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