Should I delcare my expenses including GST or without GST and then claim these taxes when I do my GST declaration?
GST paid on expenses on account of business income should be claimed as an Input Tax Credit against GST collected from your customers. So that you remit only the net amount to CRA.
GST paid on expenses on account of business income should be claimed as an Input Tax Credit against GST collected from your customers. So that you remit only the net amount to CRA.
AJB1994
New Member
clemansu
Level 2
darryl_schreiner
New Member
John1960
Returning Member
shapiroja
Returning Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.