I just sold some minor web & design services online.
This was all done via PayPal, so GST was paid.
How should I report this? This is not a business, I just helped some friends out and billed them really conservatively.
I won't be doing very much work of this nature in 2015.
You can add this as "other income" without doing a T2125, although it actually would be regarded as self-employment. Be aware, that as you are well under the $30,000 for GST registration, you neither collect nor remit GST, and cannot claim itc's against it. The entire amount you were paid, including GST must be included . When you add this income as other income, you are not able to deduct expenses against it where you would be able to do so on a T2125.
You can add this as "other income" without doing a T2125, although it actually would be regarded as self-employment. Be aware, that as you are well under the $30,000 for GST registration, you neither collect nor remit GST, and cannot claim itc's against it. The entire amount you were paid, including GST must be included . When you add this income as other income, you are not able to deduct expenses against it where you would be able to do so on a T2125.
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