When should I register for HST??

You have to register for HST when your total worldwide sales of taxable goods and services over the past four consecutive calendar quarters exceeds $30,000 or when your taxable sales exceed $30,000 in any single quarter.

Even if you’re not required to register yet, you might want to register anyway. ?If you are just starting your business, you are probably buying office equipment, supplies, advertising and incurring a host of other expenses that include HST. ?If you register, you can take the Input Tax Credit, and get a refund for the HST you paid on those start-up costs. ?If you’re not registered, the HST you pay on expenses is just an extra tax. ?If you’re registered, you put that money back in your pocket.

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