Ontario HST Rebate: Filed taxes, but haven’t received HST payment for December 2010?
How do I check the status of my HST rebate?
To check the status of your public service bodies’ rebate claim, you can sign into My Business Account and select “View a PSB rebate” or call 1-800-959-5525.
Why haven’t I received my GST direct deposit?
If you do not receive your payment on the scheduled day, wait 10 working days before calling 1-800-387-1193. You can view your GST/HST payment dates and amounts in My Account or by using the MyBenefits CRA mobile app.
How long does it take to get HST back?
Generally, the CRA process a GST/HST return in: 2 weeks if you filed electronically. 4 weeks if you filed a paper return.
How do I recover my HST tax?
How to claim the GST/HST rebate. To claim your rebate, use Form GST189, General Application for GST/HST Rebate. You can only use one reason code per rebate application. If you are eligible to claim a rebate under more than one code, use a separate rebate application for each reason code.
Do you qualify for the GST HST rebate Turbotax?
You may have been required by your employer to pay for your own employment expenses at work. To be able to claim these expenses, your employer must approve them and sign the T2200 Declaration of Condition of Employment.
Can a direct deposit be late?
Banks Only Process Deposits On Business Days
Direct deposits are only processed on business days (Monday to Friday). If a deposit is submitted to a bank late on Friday, it will not resume processing until the following Monday. If there is a holiday, the deposit will be delayed even more.
How long does it take for CRA to process a payment?
1 to 3 business days
Payments are usually processed by the CRA within 1 to 3 business days. To avoid fees and interest, please make sure you pay on time.
Does CRA check your bank account?
Well, CRA has a number of methods they will deploy to determine that you earned more than was declared. Here are some examples: They can audit your bank account and assume that every cash deposit is in fact income – it will be your burden to prove otherwise (such as the money was a gift).
Can you get GST credit from previous years?
You will get the GST credit for the current year if you have filed your previous year’s tax returns. It’s not too late. You can get retroactive payment of your basic and emergency GST credit for the 2019-2020 period if you file your 2018 tax returns now.
What is the difference between HST payable and HST recoverable?
HST is a consumer tax which means that businesses are able to claim back any HST they pay on purchases of supplies, expenses ,etc. Any HST paid by the business is tracked in an account called HST Recoverable and is in a debit balance because like Accounts Receivable, it is money owed to the business.
How do I record HST payments?
The HST is recorded in your books and records as a debit to HST Receivable (from clients) and as a credit to HST Payable (to the government). HST payable to the government is offset by HST paid by you or your firm on the purchase of goods or services used in the firm.
How do I claim an input Tax Credit?
To claim ITC, the buyer should pay the supplier for the supplies received (inclusive of tax) within 180 days from the date of issuing the invoice. If the buyer fails to do so, the amount of credit they would have availed, will be added to their output tax liability.
Is there any time limit to claim the input tax credit?
For all general purpose, the time limit for taking ITC in respect of any invoice is given u/s 16(4) to be earlier of: Due date of filing return for the month of September in the year following the Financial Year to which such credit relates (20th October, unless extended)
What are the restrictions in claiming input tax credit?
This means that a taxpayer would roughly get a minimum of 6.5 months for an invoice issued by a supplier on the last day of any financial year (i.e., 31 March) and a maximum of 18.5 months for an invoice issued on the first day of any financial year (i.e., 1 April) to claim credit.
In which of the following cases input tax credit is not allowed?
No ITC is available for goods/services for construction of an immovable property on his own account. Even if such goods/services are used in the course or furtherance of business, ITC will not be available.
Can I claim GST refund after 2 years?
Under GST, the applicant should file GST refund claims within 2 years from the relevant date. If the claim is in order, the refund has to be sanctioned within a period of 60 days from the date of receipt of the claim.
Can we claim GST on laptop?
Can I claim input credit on GST on a laptop? Yes, if you purchase from a GST-registered retailer and receive a debit note/tax invoice. You can file for input credits.
Can I claim GST on IPhone?
Since the government has given you Rs. 21,356 benefit of ITC assuming that you will use the asset for the 5 years. So as per GST law it is mandatory to reverse ITC for the remaining useful life of the IPhone (Capital Good) to the Government, otherwise interest @18% will be levied accordingly on the taxpayer.
Can we claim GST on headphones?
Headphones are classified under chapter 85 of the HSN code along with sound recorders and sound re-producers. Under chapter 85, all types of sound recorders and sound reproducing apparatus are taxed at 28% under GST. Hence, the GST rate applicable for headphones would be 28%.
Can I claim GST on phone purchase?
The original price of the phone Rs. 55,000 will be considered for GST. Value of supply in the case of Discounts – In case the customer has purchased the mobile phone on discount offer, it is possible to deduct from transaction value at the time of the sale and GST will not be levied on the same.
How can I get my Iphone tax free?
Currently, there are only five states in the U.S. that fit the bill: Alaska, Delaware, Montana, New Hampshire and Oregon. But if you live in or near one of these states, you can pretty easily get a new iPad, Mac or other Apple product for hundreds of dollars cheaper than in another state.
Are Apple products cheaper at Costco?
Costco shoppers can find tremendous savings on the Macintosh, iPhone, iPad, iPod and Apple TV. You can even order these items online and have them delivered to your door. Apple products are significantly discounted at Costco.
Is it cheaper to buy iPhone at airport?
Buying duty-free goods at airports ISN’T cheaper: Perfume, watches and smartphones are all more expensive at terminals than regular shops. Buying goods at airport duty-free stores is more expensive than shopping online, new research reveals.