Form GST489 Return for Self-assessment of the Provincial Part of Harmonized Sales Tax (Hst) - Canada

Form GST489 is used in Canada for the self-assessment of the provincial part of the Harmonized Sales Tax (HST). It is used by taxpayers to report and remit the provincial portion of the HST that they owe.

The Form GST489 for self-assessment of the provincial part of Harmonized Sales Tax (HST) in Canada is filed by businesses and individuals who are registered for the Goods and Services Tax (GST) and HST.

Form GST489 Return for Self-assessment of the Provincial Part of Harmonized Sales Tax (Hst) - Canada - Frequently Asked Questions (FAQ)

Q: What is GST489? A: GST489 is a form used for self-assessment of the provincial part of Harmonized Sales Tax (HST) in Canada.

Q: Who needs to fill out form GST489? A: People who are required to self-assess the provincial portion of HST in Canada need to fill out form GST489.

Q: What is the purpose of form GST489? A: The purpose of form GST489 is to accurately report and remit the provincial part of Harmonized Sales Tax (HST) in Canada.

Q: What information is required to fill out form GST489? A: To fill out form GST489, you will need to provide information such as your business name, address, HST account number, and details of any taxable supplies made in the reporting period.

Q: Are there penalties for late filing of form GST489? A: Yes, there may be penalties for late filing of form GST489, so it is important to ensure you file by the deadline.

Q: How do I calculate the provincial part of HST? A: The provincial part of HST is calculated by applying the applicable provincial tax rate to the taxable supplies made during the reporting period.

Q: Can I claim input tax credits on form GST489? A: Yes, you can claim input tax credits on form GST489 for the eligible HST paid on your business expenses.