We Simplify Canadian Goods and Services Taxes

Small Business GST Filing & Audits

Our knowledge and expertise in bookkeeping help you have peace of mind.

Filing GST can be a confusing ordeal if you’ve never dealt with it before. Do you even need to charge GST for your goods or services? What services are exempt from GST?

If you’re baffled by the complex rules and regulations of Canada’s Goods and Service Tax laws, KV & Associates can help ease your confusion and make keeping current easier with our GST-related services. We’re dedicated to making the GST process less time-consuming and as cost-efficient as possible.

GST Advisory

GST Advisory

GST can be a little complicated. At KV & Associates, we keep it simple by making sure that you know everything you need to know about GST as it pertains to your business, including any changes in legislation and how that may affect you. We make filing GST straightfoward and simple with thorough advisory services you can trust. 

Starting a New Business

Starting a New Business

We help you design a corporate GST plan with precise guidelines and simple processes. Once you complete the straightforward online registration process, you can begin collecting and remitting your GST. KV & Associates consults with you about your GST filings and ensures your business is ready for tax season and GST compliant.

GST Audits

GST Audits

A GST audit involves an examination of records and returns, ensuring the correctness of taxes paid and refunds claimed. If the CRA selects your business for a GST audit because they believe you’re a non-compliance risk, it can be a stressful experience. We can help by stepping in and taking charge to guide you through the process.

What is GST?

There are two types of sales tax levied in Canada: provincial sales tax, and the goods and services tax (GST). Alberta does not collect provincial sales taxes. The GST is a value-added tax, with the current rate at 5% percent. When taxpayers buy goods or services, they pay GST. When the same taxpayers sell their goods or services, they collect GST from their buyers.

You are required to register for GST if:

  • You make taxable sales, leases, or other supplies in Canada, AND
  • You are not a small supplier.

A small supplier is an individual or business that makes less than $30,000 in taxable sales, leases, or other supplies during any consecutive four quarters. If you earn above $30,000, you need to register your business for GST. If you’re unsure if your business qualifies for GST, talking with one of the Accountants at our firm can help.

What is GST
Contact KV Accounting for GST Services Fort Saskatchewan

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GST Assistance for Every Size of Business

Whether you’re launching a small business or looking to expand the business you have, KV & Associates provides the assistance you need to ensure your business’s stability, particularly when taxes are due.

Don’t put your business at risk! Give KV & Associates a call today for expert advice on navigating the ever evolving and challenging GST laws and reporting requirements.