File your GST/HST returns

Please see the following article from Canada Revenue Agency:

Make sure your refunds and rebates aren’t delayed or held back. File your GST/HST returns!

As a GST/HST registrant, you are likely familiar with your responsibility to collect, report, and remit GST/HST on taxable supplies. But, did you know that you are required to file a GST/HST return with the Canada Revenue Agency (CRA), even if you do not have any GST/HST to report or remit (pay) for your unique filing period?

That means if you temporarily stop your business activities, you still need to fulfill your GST/HST obligations and file your returns. This is considered a nil return. If you don’t file a nil return, the CRA cannot assess whether or not your business collected GST/HST.

It’s important to know your filing period – it determines your filing and payment deadline. Knowing if your filing period is monthly, quarterly, or annually will allow you to stay on top of your filing obligations.

If you have not filed your GST/HST returns, any refund or rebate you are entitled to will be held until we receive your required returns. This includes your T2 corporation income tax refund if you are a corporation, and your T1 personal income tax refund if you are a sole proprietor or partnership.

It’s important to keep your taxes on track to receive the refunds and rebates you’re entitled to receive, when you’re expecting to receive them.

For more information on your responsibilities when it comes to GST/HST, including filing deadlines, see canada.ca/gst-hst.