GST/HST Filing Made Simple
If your Canadian business earns more than $30,000 in a 12-month period, you must register for GST/HST and file returns. Acculyt AI tracks every taxable transaction and prepares your return automatically.
Setting Up GST/HST
- Go to Settings → Taxes → Canada → GST/HST.
- Enter your GST/HST registration number (format: 123456789 RT0001).
- Select your filing frequency:
- Annual — for businesses with under $1.5M in taxable supplies
- Quarterly — for businesses with $1.5M–$6M
- Monthly — for businesses over $6M or those who prefer monthly filing
- Choose your accounting method:
- Invoice basis — tax is reported when invoice is issued (most common)
- Cash basis — tax is reported when payment is received
Provincial HST Rates
Acculyt AI pre-loads the correct HST rates for each province:
| Province | Rate |
|---|---|
| Ontario | 13% |
| Nova Scotia | 15% |
| New Brunswick | 15% |
| PEI | 15% |
| Newfoundland | 15% |
| BC, AB, SK, MB | 5% GST only |
| Quebec | 5% GST + 9.975% QST |
When you create an invoice or expense, Acculyt AI applies the correct rate based on the province of supply.
Preparing Your GST/HST Return
- Go to Tax → GST/HST Returns.
- Select the reporting period.
- Acculyt AI populates Lines 101–113:
- Line 101: Total taxable supplies (sales)
- Line 105: GST/HST collected on sales
- Line 108: Input Tax Credits (ITCs) — GST/HST paid on eligible business expenses
- Line 109: Net tax owing (Line 105 minus Line 108)
- Review each line. Click any amount to see the supporting transactions.
- Click File Return to submit directly to CRA via NETFILE (requires your CRA My Business Account credentials), or Download to file manually.
Input Tax Credits (ITCs)
You can claim ITCs on GST/HST paid for business expenses. Acculyt AI automatically flags expenses as ITC-eligible based on the expense category. Common eligible expenses:
- Office supplies and equipment
- Professional fees (accounting, legal)
- Business travel
- Software subscriptions
- Advertising and marketing
Non-eligible expenses (no ITC): meals & entertainment (only 50% claimable), personal-use expenses.
Quick Method
If your annual taxable revenues are under $400,000, you may qualify for the Quick Method of accounting, which simplifies filing:
- Remit a flat percentage of your gross sales (including GST/HST) instead of tracking every ITC
- Rates: 3.6% (service businesses), 1.8% (businesses that supply goods)
Enable Quick Method in Settings → Taxes → GST/HST → Method.