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Can't you claim that as HST input tax credits though? It's not really fair to claim your costs went up 13% when it's all refundable.
by amscanne 11y ago
Can't you claim that as HST input tax credits though? It's not really fair to claim your costs went up 13% when it's all refundable.
- kitcar 11y agoTrue - short-term cashflow requirements increased by 13% is more accurate, due to the delay in getting the HST rebate cheque
- cperciva 11y agoThat is very short-term, though -- small businesses are only required to file GST/HST returns annually, but you can elect to file quarterly or even monthly, and I've always had a cheque in my hands within two weeks.