Cra. gc.ca gst hst-net file

Enter the total amount of the quarterly instalments you paid in the year. If you are an individual with business income for income tax purposes and have a December 31 fiscal year-end, your return due date is June However, your net tax remittance is due April Enter the total amount of the rebate s you are claiming. Some rebates can reduce or offset your amount owing. If you want to offset the amount owing by a rebate that you are entitled to claim, tick yes on the rebate form and include it with your paper return when you send it to us.

Line or line : If you are required to complete Schedule A, rebate amounts could include:. If you provide the Ontario First Nations point-of-sale relief, include the amount credited at the point of sale on line You can complete and file this rebate application electronically. Line Add line and line , and enter the result on line Line A: Subtract line from line , and enter the result on line A. If the result is negative, put a minus sign in the box to the left of the amount.

Line B: Add line and line , and enter the result on line B. If the amount on line C is negative, enter this amount on line to claim your refund. However, we will apply it to any existing liability you may have. If the amount on line C is positive, enter this amount on line You do not need a remittance voucher to pay online. For more information, go to My Payment. Another online option is to authorize the CRA to withdraw a pre-determined payment from your bank account to pay tax on a specific date or dates.

You can set up an agreement at My Business Account. If you file a paper return and choose not to pay electronically, enter the amount from line on the return portion Part 2 that you will send to us.

Enter the amount of eligible British Columbia transition rebate for builders of newly constructed housing or substantially renovated housing. The amount of the rebate will depend on the percentage of completion on A pril 1, , and is based on the consideration for the property in the case of a sale or fair market value in the case of self-supply.

A transition rebate is only available if the transition tax has become payable in respect of the new housing for which it is claimed. Do not include the GST or HST for example, in the case where the province has increased the provincial portion of its HST, the HST collectible at the old rate that you are required to collect on these grandparented sales.

Do not include the GST or HST for example, in the case where the province has increased the provincial portion of its HST, any HST collectible at the old rate that you are required to collect on these grandparented sales. For more information, see Who remits the tax for a taxable sale of real property — Vendor or purchaser? Enter the amount on the line that corresponds to the province where the housing is located.

Enter on line the total number of units that relate to the sales entered on line If you are the first reseller that is, the first purchaser of grandparented housing from the original builder , enter on line the total amount of all sales of housing where you had to charge the HST on the sale of the housing that you originally purchased on a grandparented basis and for which the HST became payable during this reporting period, whether or not you were required to collect the tax payable on the sales.

See Who remits the tax for a taxable sale of real property — Vendor or purchaser? Do not include the amount of any transitional tax adjustments that you are considered to have collected on certain sales of housing. These amounts must be reported on line Include in your calculations for line all amounts that are included in the calculations for line and line Enter on line the total amount of all transitional tax adjustments that you are considered to have collected during the reporting period.

Line will be calculated automatically based on the information you provided for line and line when you select the Calculate button at the bottom of Schedule A. Enter on line the total of all provincial transitional new housing rebates that were assigned to you by purchasers. Do not include on this line any provincial transitional rebates that you are entitled to claim as the builder of new housing. Enter on line the total of all provincial transitional rebates that you are entitled to claim as the builder of new housing, such as a condominium unit or condominium complex.

This is the total amount of the rebates that you are using to reduce or offset your amount owing for the reporting period. Enter on line your gross ITCs and adjustments. This is the total of all your eligible ITCs and adjustments for the reporting period before accounting for the recaptured ITCs.

Enter on line the total of your gross recaptured ITCs next to the applicable recapture rate for each province with a recapture requirement. The recapture rate that applies to a recaptured ITC in respect of a specified property or service is the rate that applied at the time the tax first became payable, or was paid without having become payable, in respect of that property or service.

Line will automatically be multiplied by the applicable recapture rate and the result will be entered on line Enter on line the deduction allowed in respect of the sale, or removal from Ontario or Prince Edward Island, of a qualifying motor vehicle for which a recaptured ITC has been previously reported. Line will be calculated automatically based on the information you provided for lines , , and when you select the Calculate button at the bottom of Schedule B.

Complete Schedule C electronically if you are required to recapture ITCs for the provincial part of the HST on specified property and services, and you elected to use the estimation and reconciliation method to report them. This schedule must be completed within three months of your fiscal year end. For more information, see Recapture of ITCs. Line before RITC reconciliation is calculated automatically based on the information you provided on Schedule A , if applicable.

Only include amounts for the current reporting period. Do not include amounts for the fiscal year being reconciled. Line before RITC reconciliation is calculated automatically based on the information you provided on Schedule B , if applicable.

If Schedule B is not applicable, enter on line all ITCs and any adjustments for example, rebates paid or credited to customers or for bad debts that decrease the net tax for this reporting period. Only include amounts that decrease the net tax for this reporting period. Enter on line A the actual amount of net RITCs for the provincial part of the HST on specified property and services acquired during the fiscal year being reconciled. This would be determined by reviewing your financial records at the end of the fiscal year.

Enter on line R the total amount of net RITCs that was reported on line of Schedule B throughout the fiscal year being reconciled. Line will be calculated automatically based on the information you provided for line A and line R when you select the Calculate button at the bottom of Schedule C.

Line will be automatically calculated when you select the Calculate button at the bottom of Schedule C. In most cases, line will not be affected by the reconciliation of input tax credits. This amount will equal line before RITC reconciliation less line Calculate the net tax 2. Complete the return 3. You can be penalized for failing to file electronically. If a rebate application cannot be filed electronically, mail it to the address on the rebate form no later than the day you file your electronic return.

Use the appropriate chart to determine which electronic filing method is available to you. You sell grandparented housing to a purchaser that cannot claim either of the following rebates:. You sell housing that you purchased on a grandparented basis.

The housing is subject to the HST. In most cases your payment is due at the same time as your return. You can receive your refund deposited directly into your bank account. If you are not already enrolled for direct deposit, you can sign up for it online using My Business Account , or you can fill out Form RC, Direct Deposit Request for Businesses , and mail it to your tax centre.

If you do not file your return on time, the CRA may charge a penalty. If you have an overdue amount, we will charge interest. This includes all amounts payable and returns required under other programs administered by the CRA. Calculate the net tax 2. Complete the return 3.

Send file the return 4.