Quote:
Originally posted by ronaldo
So you're saying if TripleXMedia sent me $50,000 last year, I should also send them a bill for $3500 to cover my GST?
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Technically, yes.
They could then claim it back.
To be safe, you should start colleting the GST now, and hopefully you won't get back-charged for the previous income (although the CCRA could charge you for previous years if they feel like it)