GST/HST and QST Consequences
Rules of Application
- Certain taxable benefits are subject to GST/HST.
- An employer who makes a taxable service or property available to an employee is treated as having made a supply and is considered to have collected GST/HST.
- These rules do not apply to:
- cash remuneration,
- taxable benefit of an exempt or zero-rated supply,
- taxable benefit of a non-registrant employer,
- QST is generally harmonized with GST but there are some exceptions.
- QST is applicable to businesses that have a permanent establishment in Quebec.
GST/HST Remittance
Rules of Application
- The GST or HST is deemed collected on the last day of February of the following year.
- Remittable with return that includes the month of February.
- Remittance is not required if:
- Employer is not a registrant;
- Registrant employer was not entitled to claim an ITC for the property as it was acquired exclusively (>90%) for non commercial activities;
- Individual or partnership is employer and automobile was not used exclusively (³90%) in commercial activities;
- Employer (other than individual, partnership or financial institution) acquired an automobile which was not used primarily >50% in commercial activities.
Computation
- For automobile operating benefit, the prescribed amounts are:
- For all other benefits, the prescribed amounts are:
QST Remittance
Rules of Application
- Generally harmonized with GST.
- Small and medium-sized businesses are required to remit the QST benefit.
- Large businesses are not required to remit the QST benefit on restricted expenses (i.e. automobiles), but are required to remit on non restricted expenses (i.e. taxable tuition benefit).
- Definition of small and medium-sized businesses:
- Annual revenues in Canada (including exports) on an associated basis do not exceed $10 million in the immediate preceding fiscal year.
- Definition of large businesses:
- One that is not a small and medium-size business.
- All banks, trust companies, credit unions, insurers and investment plans.
Computation
- Prescribed amount is 4.7% for automobile operating benefit.
- In all other cases, prescribed amount is 7.5/107.5.
GST/HST and QST for Expense Reimbursements
GST/HST
- Registered employers can claim GST/HST paid on expense reimbursements in the course of their commercial activities.
- The actual amount of GST/HST paid can be claimed; or
- To facilitate the process, an administrative factor may be used:
- For GST 4/104
- For HST 12/112
- The administrative factor applies only to expense reimbursements.
- Expenses must be incurred in Canada.
- Can be used by category of expenses; however must be used consistently for all employees.
- 50% limit still applies on meal and entertainment expenses.
QST
- Registered employers can claim QST paid on expense reimbursements in the course of their commercial activities.
- The actual amount of QST paid can be claimed; or
- To facilitate the process, an administrative factor may be used for:
- large businesses 4.1% only on expenses incurred in Quebec,
- small and medium-sized businesses 7/107 only on expenses incurred in Quebec.
- If administrative factor is used, it must be used for all expense reimbursements.