Sales Tax 101, with special guest, Jordan Brown

Are you a small business owner?  Have you ever struggled with figuring out when/how to file PST and GST/HST returns?  Curious of what to do if you are selling to another province?  What about online sales?

In this episode of The Tax Chick Podcast I am chatting with my new friend, Jordan, who is the owner of Lift Accounting here in Saskatoon.  Jordan regularly assists small business owners with their sales tax needs.   We discuss: (1) What is GST/HST and how does it differ between provinces, including what you need to know if you are providing services out of province (7:30); (2) What is PST and how does it differ between provinces (23:15); and (3) Some filing tips for business owners (36:20).  Join us as we chat about our love for YXE, and of course sales taxes!

UPDATE:  After recording the episode, Jordan was made aware of a new BC PST Bulletin (#001) which sets out the new PST registration requirements for out-of-province businesses who sell to BC customers:  https://www2.gov.bc.ca/assets/gov/taxes/sales-taxes/publications/pst-001-registering-to-collect-pst.pdf.  It appears that the BC Ministry of Finance is requiring out-of-province businesses who have sold more than $10,000 over the past 12 months to BC customers to register for a PST account in BC effective April 1, 2021.  (This new PST registration requirement for BC applies to out-of-province businesses who are not soliciting sales from BC customers but have sold more than $10,000 over the past 12 months.)

RESOURCES DISCUSSED ON THE EPISODE

• Oneiro Designs: https://www.oneirodesigns.com 
• Square One Saskatchewan Small Business Support: https://squareonesask.ca/
• Women Entrepreneurs of Saskatchewan: https://wesk.ca/
• The GaryVee Podcast: https://www.garyvaynerchuk.com/podcast/ 

MORE FROM JORDAN:

• Facebook:  https://www.facebook.com/liftaccounting/
• LinkedIn: https://www.linkedin.com/company/liftaccounting/
• Instagram:  https://www.instagram.com/lift_accounting/
• Twitter:  https://twitter.com/lift_accounting/
• Website:  https://www.liftaccounting.ca/
  
  

MORE FROM AMANDA

• The Tax Chick Blog - https://taxchickca.wordpress.com;
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• LinkedIn: https://www.linkedin.com/in/amanda-doucette-tep-83a9ab51/ 
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