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How long does it take CRA to review documents?

Our goal is to issue your notice of reassessment or a letter within 20 weeks of receiving your adjustment request. The processing time is a targeted time for assessing corporation income tax returns (T2) filed from businesses and incorporated self-employed individuals.

What is CRA SMS?

Scammers are sending texts to New Brunswickers impersonating the Canada Revenue Agency (CRA). The text messages suggest the consumer is owed a tax refund. The messages claim a past years refund was not sent because of a technical difficulty.

Who is responsible for collecting HST?

If your business is in or does business in one of the five provinces that charge HST, you are responsible for charging, collecting, and remitting HST to the CRA. There are certain exceptions, such as items or services that are GST/HST exempt or zero-rated, or your business has small-supplier status.

Who has to collect HST?

You have to start charging GST/HST on the supply that made you exceed $30,000. You exceed the $30,000 threshold 1 over the previous four (or fewer) consecutive calendar quarters (but not in a single calendar quarter).

Is HST number same as business number?

A GST/HST account number is part of a business number (BN). If you dont have a BN yet, you will receive one when you register for your GST/HST account.

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