GBN Accounting Limited . We don't work for the CRA, We work for You! We are a firm t
GBN Accounting Limited . We don't work for the CRA, We work for You! We are a firm t
1-780-656-0551 Bookkeeping, Payroll, Tax
Please reach us at gbnylan@outlook.com if you cannot find an answer to your question.
What you need to know about GST/HST Returns
If you operate a business or are a self-employed individual in Canada, registering for a GST/HST account and meeting your tax obligations is your responsibility but I can definitely help you in getting this setup for you.
You must complete a GST/HST return for every filing period, even if you have no business transactions to report or GST/HST to remit (pay). This is considered a nil return. If you don't file a nil return, the CRA cannot assess whether or not your business collected GST/HST. The government is very strict about this policy! If you fail to report they will automatically do it for you and send you an invoice to pay based on their opinion on what you owe.
It's important to know your filing period – it determines your filing and payment deadline.
Don't fall behind—know your GST/HST obligations and filing period to avoid interest and penalties and prevent your refunds from being delayed or held.
I have listed here the government website for GST information.
For more information on your responsibilities when it comes to GST/HST, including filing deadlines, see GST/HST - Canada.ca.
You can rely on me to getting all this done for you without worries.
George
Please reach out for answers: gbnylan@outlook.com if you cannot find an answer to your question.
As Trucker do I need someone to help me with my financial reporting, tax returns etc?
If you have the training, knowledge, experienced needed to making sure when you complete your tax return you won't be getting a letter or phone call from the cra once you send it in? Well that's the question you need to ask yourself.
You are busy! You work long hours driving on the highways making sure the people, the clients are getting their products on time. You take a few days to be with family, friends, exhausted and tired recovering from all that driving and hard work then after a few short days you are back on the road.
You need to keep track of everything and it's hard! Boxes and envelopes of receipts and invoices are piling up. The GST is not being reported and you are falling behind. In the meantime the cra is calling and sending you letters. You are already stressed out and now you have to do bookkeeping and taxes? Well not to worry because I have the perfect solution for you. For a small fee I can take away all that stress and complete all your financials for you including talking on your behalf to the cra.
I specialize in working with truckers. Whatever your position is whether you are an employee working for a company you still have tax deductions to make at the end of the year for you food, cell phone or other minor things the company does not give you yet you need to purchase to do your job.
Self-employed contractor. working as a driver for a company with their vehicle or your own you are being contracted and not an actual employee of the company and need to invoice, do GST, pay for expenses.
A fully owner operator of a delivery truck. Van, Cargo, Short-haul, Long-haul, hot-shot driver, semi-truck. This requires a lot of work to making sure you are getting paid, tracking invoices and expenses on your rig.
Here at my office I specialize in all these situations and make sure you are getting the tax breaks need and all your financial reporting is done correctly.
I have helped many drivers over the years to making sure that if the cra decides to audit you personally, or your business you have covered all the bases and you have nothing to worry about.
Contact me, George, today and lets talk about your future and success.
Copyright © 2018 George B. Nylan / GBN Accounting LC - All Rights Reserved.
NOTE: No person(s) with this firm are connected to the CPA organization of Canada. This accounting firm works as independent Financial & Tax Advisors as an accounting technician of Canada registered with the Industrial, Commercial Institutional Accounts Guild of Canada. With 40 plus years experience. We offer an independent service to businesses and the general public. We maintaining high standards according to the Generally Accepted Financial Standards of Canada and according the rules and regulations of Canadian Revenue Agency.
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