Sales taxes charged, but....

[MattB]

I get it now. Thanks for clearing that up. Then i guess there is no way around it. I just found the OP's post to be fishy as to why the vendor wouldnt provide the registration #'s.

Simply because from the transactions i've made with reputable vendors here in Canada, i have gotten receipts and receipt #'s, but never the registration #'s as well. Got me thinking is all.

 

[Can_supplier]

Simply because from the transactions i've made with reputable vendors here in Canada, i have gotten receipts and receipt #'s, but never the registration #'s as well. Got me thinking is all.

It’s not a problem asking.

This is something we are more than happy to clear up.

I am speaking for all the vendors I have had the pleasure of speaking with. We a not shady business people, we all sell a product we are passionate of, believe fully in and want to continue to provide. Part of that is being responsible and proud Canadians who pay their taxes (yes we admit we are like everyone and do look for every last deduction at tax time ) running responsible business. I’ve yet to meet a hustler out only to make a buck in any of the vendors on this site.

Given the status of this product, WE NEED YOUR SUPPORT to continue to do what we do. We do not want to do anything to risk your trust and continued support.

 

[MattB]

Where are you based out of btw Can_supplier? (Wish i knew your name ...)

I'm looking at your juices and might be interested to buy a few.

 

[Can_supplier]

Matt, please contact me through our site, or private here.

E-cig forum has been very nice to allow us suppliers to chat and be part of the open forums, but we cannot discuss any specifics of our products/business in this area of the forums.

 

[torozzgrl]

As Ilikecoffee says ... when you pay by cash/interac/cheque etc. there really isnt any way to track it is there?

If you would be so kind as to provide your actual BNs/GST/HST registration numbers i will gladly remove my post and present an appology.

Until then, i keep my suspicions.

As for this:

"If a business registers for GST and has sales under $30,000 they do not have to remit GST/HST they keep it. For all business, the first $30,000 is not remitted, the business is allowed to keep it as payment for collecting the tax. "

I wont go ahead and blatently call this a lie, nor will i put the effort in to research this, but i have my doubts about it as well. Why on earth would the gov. give out 30k to every company out there? That makes no sense, and would cost the country millions upon millions. Think of all the companies in this country declaring taxes...

I will go ahead and call this a lie.

Link:
GST/HST - Voluntary registration

and I quote:

Generally, you do not have to register for GST/HST if your worldwide revenues are $30,000 or less as we consider you a small supplier. However, you can register voluntarily.
You may want to do so for the following reasons:

• you want to claim input tax credits (ITCs) to recover the GST/HST you pay or owe on your business purchases;
• you are starting your business activities and you want to register before your total worldwide revenues of taxable goods and services exceed $30,000; or
• your clients may only do business with businesses registered for GST/HST.

If you decide to register voluntarily:

• you have to charge, collect, and remit GST/HST on your sales of taxable goods and services. You will also have to file GST/HST returns on a regular basis; and
• you have to stay registered for at least one year before you can cancel your registration (unless you stop your commercial activities).

Note
If you choose not to register, you cannot charge GST/HST to your customers and the GST/HST you pay on your business purchases becomes a cost for which you cannot claim ITCs.


In other words, if your sales are 30,000 or less you don't have to register but if you don't register you CAN NOT charge GST/HST to your customers. WHICH MEANS YOU DO NOT CHARGE IT AND KEEP IT. That is illegal.

If you voluntarily register you must charge GST/HST and you must remit and at the same time you can claim any that you've paid which will offset what you collected and depending on your sales, sometimes give you money back.

I had a small online business for 12 yrs so I know what I'm talking about

The original statement above is incorrect and deceitful.

Easy peasy.

 

[mopar]

i need to do that i havent filed in 3-4 years

Why doesn't that suprise me If you are buying from a Canadian Supplier in Canada you will have to pay taxes if you are dealing with a legitamate business.

 

[mopar]

Where are you based out of btw Can_supplier? (Wish i knew your name ...)

I'm looking at your juices and might be interested to buy a few.

I have delt with evapers for a very long time my first ego's atty's and juice to this day. I understand your bad dealings with caapitalnicfit or whatever but do not put evapers in the same class. You fall out of line for even questioning his legitamacy.

 

[Lori68]

My last order with evapers was placed on a sunday night, my shipment number was sent monday morning and I got my stuff that thursday. His products are top quality too. The ego t kit I bought from him back in february is still kicking strong with its new owner. He's one of the good ones Matt

 

[MattB]

I have delt with evapers for a very long time my first ego's atty's and juice to this day. I understand your bad dealings with caapitalnicfit or whatever but do not put evapers in the same class. You fall out of line for even questioning his legitamacy.

How does the post you quoted have anything to do with capitalf-ups? I was asking him sincerely. I plan to try his great lakes tobacco sometime in the near future, and probably his true north one too.

I just wanted to know where he was based from to estimate how long it would take for shipment.

 

[Can_supplier]

I wouldn’t call what I said a lie, nor would I call what you said the complete. They are both incomplete answers.

Using the quick method of calculating right off the top you’ll get 1%. To collect or not collect depends on the value of your ITCs for your business. Ect ect. There isn’t a business out there that remits (for simplicity sake ignoring HST) 5% on $100,000K sales for $5,000.

Without going into more detail, partly because I can’t, I’m not an accountant, at the end of the day there is an advantage to collecting the GST in most cases. The clear example here is in some cases under 30K its to the business advantage to register for GST and in some it’s not. It’s a complicated mess that keeps accountants busy. From a political objective is not wise to say businesses are allowed to keep some of the tax for accounting costs, nor is it wise to make the business that run the country bear the full burden of collecting tax. Complicated formulas and sheets just like income tax, and compensation comes out in the wash, legally and by the book.

I was not clear in stating that if you are not registered for GST/HST you do not collect it, I assumed that went without saying. My “pocket the GST/HST on 30K” was an over simplification that I should’ve left out. To say all businesses collecting GST can be on equal ground to one that is not on the first 30K might have been better, but not very clear. Thanks for the clarification and correction.

 

[RandyL]

Ya you should have cus you made yourself sound totally uneducated. If you collect you remit, end of story. There is no free money, only deductions. I've been collecting gst for 10 years and hst for the last year, theres no free money. Your totally misimformed, and if you are holding money, better hope a CRA rep dont read this, ormaybe its your first year in business. Either way your wrong. There's free small business courses all over the place, everyone new should take one. An accountant who deals with small businesses helps a great deal too.

 

[Ilikecoffee]

I started this thread, and just for the record, I wasn't referring to eVapors - I haven't bought anything from them (the guy here seems nice enough though!).

I won't name the companies I was referring to, since I don't have any proof one way or the other than they are collecting HST, while not registered to do so.

But I will say that I do have some concerns that perhaps some online vendors may be collecting HST / GST, and pocketing the difference. It is the law that you have to put your HST / BN number on all invoices. A couple of vendors I bought from (out of a half dozen) didn't have this info - I wanted to verify, so I emailed them both, but neither responded. I'm hoping they'll see this thread and put the information on there, or offer a refund for this tax collected (but not remitted to the Govt) if they are not registered to collect HST. It's a 12% "premium" we pay, at least here in BC, and it shouldn't be charged if the person collecting it is not remitting that to the feds. It's actually a serious fraud if that is going on.

 

[Vapoor eyes er]

I've been self employed for the majority of my life. From my observations most of the Ecig vendors are savvy businessmen that are following obeying the tax laws. Aside from the concerns and hassles of HC we all know you do not mess with the taxman. I know of acquaintances that tried to avoid paying taxes (HST, PST, GST) and were eventually caught. The result was a nightmare of bills, worry and being watched very closely for 10 yrs+. For those vendors that are skirting the tax laws know that one day you will be caught and when this happens you will wish you had studied and followed the tax laws.
As I've stated the majority of vendors appear to know what they are doing but there are some that are either: too lazy, greedy or inexperienced to play by the rules IMHO.

Edit: Some accurate information in this thread BUT lots of misinformation also.

 

[torozzgrl]

I wouldn’t call what I said a lie, nor would I call what you said the complete. They are both incomplete answers.

Using the quick method of calculating right off the top you’ll get 1%. To collect or not collect depends on the value of your ITCs for your business. Ect ect. There isn’t a business out there that remits (for simplicity sake ignoring HST) 5% on $100,000K sales for $5,000.

Without going into more detail, partly because I can’t, I’m not an accountant, at the end of the day there is an advantage to collecting the GST in most cases. The clear example here is in some cases under 30K its to the business advantage to register for GST and in some it’s not. It’s a complicated mess that keeps accountants busy. From a political objective is not wise to say businesses are allowed to keep some of the tax for accounting costs, nor is it wise to make the business that run the country bear the full burden of collecting tax. Complicated formulas and sheets just like income tax, and compensation comes out in the wash, legally and by the book.

I was not clear in stating that if you are not registered for GST/HST you do not collect it, I assumed that went without saying. My “pocket the GST/HST on 30K” was an over simplification that I should’ve left out. To say all businesses collecting GST can be on equal ground to one that is not on the first 30K might have been better, but not very clear. Thanks for the clarification and correction.

I'm not quite following you here.
It's stated pretty plainly on the fed site that if your revenues are 30,000 or less you don't have to register, but if you do register you MUST remit taxes and then you can claim the taxes you have paid against the taxes you have collected.

It also states that if you do not register you CAN NOT collect taxes.

Simple.

 

[Can_supplier]

It also states that if you do not register you CAN NOT collect taxes.

Simple.

We agree on that..

I've got my back agaist the wall here and I'm in over my head on this one.

I'm not an accountant, so I hire one and follow their advice. I am in over my head giving an explaination of tax law, sorry.

The point I should've left it at is I'm sure most if not all vendors here are remitting taxes collected as required by law.

 

[torozzgrl]

We agree on that..

I've got my back agaist the wall here and I'm in over my head on this one.

I'm not an accountant, so I hire one and follow their advice. I am in over my head giving an explaination of tax law, sorry.

The point I should've left it at is I'm sure most if not all vendors here are remitting taxes collected as required by law.

it's all good
you were right about everything except the part about collecting and getting to keep it. So, you know more than you think you do

 

[kanadiankat]

I'm not quite following you here.
It's stated pretty plainly on the fed site that if your revenues are 30,000 or less you don't have to register, but if you do register you MUST remit taxes and then you can claim the taxes you have paid against the taxes you have collected.

It also states that if you do not register you CAN NOT collect taxes.

Simple.

I think the confusion here is that these regulations are not easy to explain in a few sentences. But above is a nice, simple example.

 

[Cokeybill]

A simple solution is for vendors that have an HST registered, just put the # out there for clients to see. If the vendor doesn't... and doesn't collect the HST(as per a post earlier), wouldn't he/she have an advantage to underprice his/her product and look like a lower priced vendor? I'm not trying to make fuss here, but how would the clients know if the vendor does have a registered HST if they don't have any type of exposure info on site, receipts, etc? I do express my confidence of the Can. vendors that I have dealt with and have the utmost gratitude in the great service that they deliver. I don't question their authenticity in their dealings in any way.
Most don't know that RC only taxes Ebayers for over $20G/year, might be more now...

Cheers and let's do all we can to get vaping regulated and not HC controlled by their ways and means.

 

[km11219]

I didn't find hst# on the invoice. Can_suplier do you now include HST# on invoices (just curious)?

 

[mopar]

How does the post you quoted have anything to do with capitalf-ups? I was asking him sincerely. I plan to try his great lakes tobacco sometime in the near future, and probably his true north one too.

I just wanted to know where he was based from to estimate how long it would take for shipment.

I don't know maybe I just read the another thread they run together sometimes