Maximizing HST/GST Efficiency Through Professional Accounting

Ontario’s Harmonized Sales Tax (HST) combines the federal Goods and Services Tax (GST) with the Provincial Sales Tax (PST) for a unified and streamlined taxation structure. However, the complexities of HST/GST compliance and optimization can be confounding to business owners without sound expertise backing them.

Our professional accountants help business clients manage their HST/GST obligations though proper registration and accurate application of tax rates. We also help businesses remain compliant while harnessing legally legitimate means to lower tax liabilities.

A major benefit of working with our team is the expertise we bring in recognizing and claiming eligible Input Tax Credits (ITCs). This enables businesses to recover any GST/HST paid on business-related expenses for significant tax savings. Undertaking thorough reviews of financial records to ensure all eligible credits are claimed, our accountants help minimize net tax payable.

We apply strategic insights in structuring transactions and business operations toward enhancing tax efficiency. Such proactive guidance helps businesses reduce unnecessary tax burdens while adopting best practices in HST/GST management.

Businesses involved in cross-border and international trade rely on us to provide vital advice on all tax implications of their imports and exports. Our expertise enables businesses to remain in compliance with international tax regulations, avoid penalties and optimize tax outcomes wherever they operate.

Our accountants work hard to stay up to date with ever-evolving tax laws and government incentives. We can assist in your tax planning by identifying industry-specific credits, rebates and planning opportunities in support of your long-term financial success and business growth.

Partnering with us is a strategic decision that can lead to significant tax savings and enhanced financial operability. With in-depth knowledge of HST/GST regulations, we provide the expert advice business need to grow, while remaining compliant and minimizing tax exposure.

Our HST & GST services include:

• Annual, quarterly & monthly GST/HST filings
• Assisting with accurate HST/GST registration
• CRA Audits and Review of GST/HST filings
• Advising on GST/HST implications of imports and exports
• Structuring business operations & transactions to optimize tax efficiency
• Maximizing GST/HST recoveries to reduce overall tax owed