I spoke to a taxpayer today who started their business this year (Feb) and have more than $45,000.00 in sales at this point.
When I asked if they were HST registered they said no and seemed to not even be aware that once they surpass $30,000.00 in sales they must become HST registered.
I can point them to this link:
But what is the best way to go about from here to correct their situation?
- Will they just need to back the HST out of their sales above $30,000.00 and take the hit?