To determine how HST and the changes to the Place of Supply rules affect your business, contact Canada Revenue Agency GST/HST experts at #1-800-959-8287.  CRA is offering free technical advice, workshops and webinars.

 HST Transition Checklist: 

1. Identify changes will affect your business because of Place of Supply rule changes effective May 1
2. Identify any transition rules, usually May 1 is an important date for transitioning to HST on July 1
3. Identify whether or not your are in an industry that's going to require a lot more work, such as builders who will be required to electronically file on time, or associated companies with over $10 Million in combined taxable supplies (it's a calculated number, so make sure you do the math) who will have to calculate an ITC clawback on some of their expenses and it's mandatory to do the math
4. Know how HST will affect your cashflow, you may have more or less cash in your account depending on your industry
5. Upgrade your QuickBooks® software to 2010 because the new "Manage Sales Tax" module just rocks!
6. Implement HST transition = change management, staff training and procedures documentation
7. Know what not to advertise.  If you advertise that you have a way around the HST, GAAR will likely apply and the fines and penalties, they aren't pretty...  (GAAR is general anti-avoidance rule)

...Intuit Canada small business checklist

June 24, 2010: Online webinar sponsored by Intuit Canada HST (BC) for small business: Webinar available for online viewing

http://community.intuit.com/posts/intuit-hst-webinars

Looking for assistance with HST transition utilizing QuickBooks software, contact Eileen via eileen@taxdetective.ca or call 604-943-7414

Contact Eileen at 604-943-7414 or email eileen@taxdetective.ca

Latest news BC's HST Notices have their own listing! Check back frequently or subscribe to the link on this page to be notified of additions and updates CRA: HST Harmonization (RSS Feed) CRA HST Webinars CRA HST Webcasts CRA Webinar Presentation CRA HST Information Sheet Place of supply: Proposed changes Feb 25 2010 GST/HST Tech Bulletin B-103 HST Place of Supply Draft Regulations Place of Supply Apr 30 2010 Proposed changes: Place of Supply Feb 25 2010 Deloittes HST / Place of Supply Chart See PDF download for your desktop at bottom of article Laws and contracts Excise Tax Act: Justice Website Bill C-62 Excise Tax Act Royal Assent Dec 15 2009 Senate discussion on HST December 2009 CITCA between Federal and BC March 9, 2010: Employment agreement signed, PST employees will move to CRA March 8, 2010: Mintz report concludes HST and corporate tax cuts will increase capital investment and create jobs by the end of the next decade November 30, 2009: Colin Hansen and James Flaherty signed CITCA-BC contract July 23 2009: BC signed a Memorandum of Agreement concerning a Canada-BC "Comprehensive Integrated Tax Co-ordination Agreement"  (CITCA).  Sets out the terms, conditions, payment dates for instalments on $1.599Million signing bonus, penalties for default. CITCA between Federal and ON GST/HST general information Clarification GST/HST re Financial Services GST/HST Topics and What's New for GST/HST CRA What's New in GST/HST GST/HST Rates GST/HST Rebates GST/HST Info Sheets #53 onwards... Transition info:Freight Transportation,Passenger Transportation,Services, Memberships,Admissions & Intangible personal property POS rebates for Newspapers, motor Fuels, Feminine Hygiene Products, Children's Goods, Prepared Food & Beverages and Books     Publications by document type GST/HST Notices Notice 244 Harmonization of Ontario Transitional rules Notice 245 - UPS SCC Decision The impact of the decision is not restricted to the recovery of amounts paid as tax in error in respect of imported goods, but also applies to amounts paid as tax in error in respect of supplies in certain circumstances. Notice 246 HST for BC Q&A Rebates & Transition Notice 247 HST for ON & BC: Q&A on Transition Notice 249 Q&A New Reporting Required for GST/HST Mandatory Electronic filing July 1 2010 GST/HST Rulings and Interpretations Service Revised September 29, 2009 GST/HST and Indians, Bands etc. GST/HST Registry-Validate a GST/HST number British Columbia Bill 9:2010 Consumption Tax Rebate/Transition Act BC finally moves towards legislation BC Publications: HST Notices Listing CRA HST seminars HST Home page Rebates & Exemptions FAQ: The Basics HST Notice #4: Temporary RITC (over $10 Million) Consumer Taxation (BC) / HST page PST: What's New 2010 provincial budget changes List of all BC Consumer Taxes HST Notices Small Business BC: March 26 2010 free seminar Tax Professionals links BC's Revenue programs BC HST Credit (HSTC) (personal $230) Ontario CRA HST Seminars Tax change to HST effective July 1, 2010 Commentary Cdn Restaurant & Food Services-Impact on Ontario C.D. Howe Institute Commentary:Lessons in Harmony CFIB (Canadian Federation of Independent Business) Deloittes commentary on place of supply changes Deloitte's HST webpage PriceWaterhouseCoopers TD Economic Report: Impact of Harmonization Trade Lawyers Blog HST Checklist GAAR references: Why? It's specifically mentioned GST G-500-7 Para 53-58 500-6-9 GST/HST Notice #247 mentions GAAR In 2006, when rates changed, GAAR comments Tax Tips Great explanation! Statistics Canada Spending / Household info Restaurant Sales in BC Food Services & Drinking Places in Canada Spending Patterns in Canada Estimated number of Households Average expenditures by household type

Eileen Reppenhagen CGA does not research or endorse any product or service appearing in ads on this site.  Before making any major financial decision(s) you should consult a qualified professional.