Do you know the GST differences between Charities & Non-profit Organizations? Have you wondered if you have missed claiming back all eligible GST amounts? Would you like to learn how to avoid the most common GST errors?
If you answered “yes” to any of these questions, you’re invited to attend this ABNN webinar, co-hosted with CCVO. You will hear directly from CRA’s GST Headquarters Representative who has 30+ years experience working in CRA’s GST programs. The Presentation will introduce you to some of the most important GST issues for each type of entity. You will learn about GST obligations and entitlements, including taxing provisions, rebates and credits. We will review the fundamental rules to help you best manage your GST and maximize recoveries.
This Presentation is designed for both Charities and NPOs and is intended for all individuals who may be involved with the entity’s GST. We will cover issues for organizations already GST registered, and those of you who might be wondering about becoming registered. You will hear about how to ensure you maximize your GST recoveries and how to avoid some of the common mistakes which can result in future non-compliance. And if you would like to hear directly from CRA and assure yourself that you are “doing things right” this Presentation is also for you.
LEARNING OBJECTIVES
• Recognize key GST differences between Charities and NPOs
• Know when to charge GST
• Understand Public Service Bodies’ (PSB) Rebate rules
• Apply the correct rules for claiming credits
• Identify and reduce common GST mistakes
TOPICS INCLUDE
• Definitions
• Taxable vs. Exempt Supplies
• Input Tax Credits
• PSB Rebate
• GST Registration & Small Supplier