As such, the content published above is believed to be accurate as of the date of this post. If you would like more information on this topic, please contact a member of the EPR Maple Ridge Langley team by filling out the contact form below.Ĭanadian and foreign tax laws are complex and have a tendency to change on a frequent basis. Information Return (RZ) – This account is used to file information returns such as Statements of Investment Income (T5 slips), Returns of Securities Transactions (T5008 slips) and Partnership Information Returns (T5013 slips).Import/Export (RM) – This account is used to process customs documents when importing/exporting goods into/out of Canada. Your GST/HST account number would be your business number followed by RT. In addition, you are required to include your GST/HST account number on your invoice so that customers can claim the GST/HST paid on their GST/HST returns. Goods and Services Tax/Harmonized Sales Tax (GST/HST) (RT) – This account is used when filing your GST/HST return.Payroll (RP) – This account is used when filing and remitting payroll deductions, as well as annual employee payslips (T4 slips).Corporate Tax Return (RC) – This account is used when filing your corporate tax return.Goods and Services Tax/Harmonized Sales Tax (GST/HST)Įach account is identified by two letters and is added to the nine-digit business number.In Canada, once a company is assigned a business number then it needs to request which type of program account it needs to be setup. The Canada Revenue Agency (CRA) has issued me a business number.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |