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  1. #1

    Canadian - Is it true that we can get a percentage back from the GST we paid ?

    Hello,

    I'm been told here on the forum that when you pay GST at the end of the year you can get back a percentage of the total you paid (around 7%). Samething for the PST I think.

    I asked it to some people who have a company here and they say they never heard about this. Any idea ?

    Thank you
    Last edited by Northtrex; 05-22-2005 at 03:01 PM.

  2. #2
    Join Date
    Sep 2004
    Location
    Winnipeg, Manitoba, Canada
    Posts
    41
    Hi,

    As far as I know you can deduct the GST you pay from the GST you collect and remit the difference. You don't get to keep a %. As for PST it depends on what province you are in. In Manitoba....

    If return is less than $3 you get to keep the entire return.
    If the return is more than $3 but less then $20 you get to keep $3
    If the return is more than $20 but less than $3000 the commision is as follows:
    15% of the first $200
    1% of the remainder
    If the return is more than $3000 you don't get to keep any commision.

    These rules for PST commision vary from province to province so check with your provincial tax office for more information.
    Jason Lee
    OmegaServ
    http://www.omegaserv.com
    Quality Hosting and Dedicated Servers at Affordable Prices

  3. #3
    Join Date
    Aug 2003
    Location
    Vancouver, BC
    Posts
    1,891
    Jason is correct you can get a GST refund.
    Gary Jones

    BlueFur.com - Canada Web Hosting

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