CarrieMac5
Returning Member

Filing

why is that when i add the total collected it adds more tax  i thought GST collected was not taxed. My t4a does not include it in the total.  So when i put in collected it changes the amount owing

Filing

Hi CarrieMac5:

If you are registered for GST, you would not include it on your income tax. You would be filing a separate GST return to report GST collected and paid.

If you are not registered for GST, you would not report it as GST, you would just include that amount as part of your income, not reported separately.  You would also report the full cost for expenses including GST, rather than separating the GST out.

CarrieMac5
Returning Member

Filing

Thank you, i wonder why they ask for your GST # etc and the amount collected if its not relevant.

Filing

It is relevant to some who use the quick method of GST reporting.  These forms are one size fits all. You just have to be careful to fill in only what is relevant to you.