I’ve been running my small woodworking shop in London, Ontario, for about eighteen months now, and I’ve finally hit that major milestone of $30,000 in annual revenue. While it’s exciting to see the business grow, I’m a bit nervous about the tax implications and the paperwork required to stay compliant with the CRA.
My neighbor, who runs a local landscaping fleet, told me the process is pretty straightforward if you have your Business Number ready. I’m currently looking for the fastest way to register for hst number so I can start collecting tax on my next big custom table order. Has anyone here navigated the online portal recently to register for hst number?