Jan 31, 2025 · As a GST/HST registrant, you recover the GST/HST paid or payable on your purchases and expenses related to your commercial activities by claiming input tax credits …

Calculate ITCs using the regular method To calculate your ITCs, you add up the GST/HST paid or payable for each purchase and expense of property and services you acquired, imported, or …

Sep 15, 2016 · Overview As a registrant, you recover the GST/HST paid or payable on your purchases and expenses related to your commercial activities by claiming an input tax credit …

This memorandum explains the general method for calculating input tax credits (ITCs) as provided for under the Excise Tax Act (Act). It sets out the requirement to apportion goods and services …

Jan 1, 2024 · The CRA will permit GST/HST registrants to use factors for calculating ITCs on expenses charged to procurement cards and corporate credit cards provided they satisfy …

Clean Economy Investment Tax Credits (ITCs) As a business, you may be eligible for tax credits for investments in Canada that support the transition to net zero emissions.

You can generally claim ITCs only for the part of the GST/HST paid or payable for the property or service that relates to the consumption or use in your commercial activities. The method you …

Overview Determine the types of purchases and expenses Determine the percentage of use in commercial activities Determine the ITC eligibility percentage Choose a method to calculate …

This memorandum explains the documentary and information requirements that registrants must provide to their customers to satisfy the disclosure provisions of the Excise Tax Act as well as …

Clean Economy ITCs - General information This webinar provides a general overview of the Clean Economy ITC program, and the 4 available ITCs. We will focus on eligibility guidelines, …