7 Costly GST/HST Mistakes Canadian Businesses Keep Making (2026 CRA Rules)
A Toronto consultant invoices $34,000 across four quarters and never charges GST/HST because she thinks, “I’m nowhere near $30,000 in a year.” Eighteen months later, a letter from CRA explains that the $30,000 threshold doesn’t reset every January. She owes GST/HST on taxable invoices issued after her small supplier status ended, plus applicable late-filing penalties […]