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How to calculate the amount of the GST/HST you are considered to have collected The amount of the GST/HST you are considered to have collected on a taxable benefit is based on a percentage of the value of the benefit for GST/HST purposes. ... If the last establishment where your employee ordinarily worked or to which he or she ordinarily reported in the year is located in a non-participating province or territory (the rest of Canada), you are considered to have collected 3% of the value of the benefit for GST/HST purposes. ... If the last establishment where your employee ordinarily worked or to which he or she ordinarily reported in the year is located in a non participating province or territory, you are considered to have collected 4/104 of the value of the benefit for GST/HST purposes as calculated above. ...

How to calculate the amount of the GST/HST you are considered to have collected The amount of the GST/HST you are considered to have collected on a taxable benefit is based on a percentage of the value of the benefit for GST/HST purposes. ... Automobile operating expense benefits If the last establishment where your employee ordinarily worked or to which they ordinarily reported in the year is located in a participating province (Prince Edward Island, New Brunswick, Newfoundland and Labrador, Nova Scotia, or Ontario), you are considered to have collected an amount equal to a percentage of the value of the benefit for GST/HST purposes, based on one of the following rates: 11% for Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island 9% for Ontario If the last establishment where your employee ordinarily worked or to which they ordinarily reported in the year is located in a non-participating province or territory (the rest of Canada), you are considered to have collected 3% of the value of the benefit for GST/HST purposes. ... You are considered to have collected an amount equal to 5/105 for GST or one of the following for HST on a reimbursement: 15/115 for Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador 13/113 for Ontario In this situation, you have to include the GST/HST for this reimbursement in your GST/HST return for the reporting period that includes the date of the reimbursement. ...

Per-kilometre allowance rates that are not considered reasonable If you pay your employee an allowance based on a per-kilometre rate that is not considered reasonable (because it is either too high or too low), it is a taxable benefit and has to be included in the employee's income. ... In this example, the allowance is considered a taxable benefit because the rate per kilometre is not considered reasonable because it is lower than the reasonable per-kilometre rate. ...

Forgiven Debts Considered Bad Debts Please note that the following Policy Statement, although correct at the time of issue, may not have been updated to reflect any subsequent legislative changes. ... For purposes of the Excise Tax Act (the "ETA"), forgiven debts pursuant to an arrangement under the Companies' Creditors Arrangement Act are considered to be bad debts as opposed to reductions of consideration. ... Forgiven debts pursuant to an arrangement under the Companies' Creditors Arrangement Act, are considered to be bad debts for purposes of the ETA. ...

Situations where you are not considered to have collected the GST/HST You are not considered to have collected the GST/HST on taxable benefits provided to employees in any of the following situations: The property or services that give rise to a taxable benefit are GST/HST-exempt or zero-rated. ... However, you will not be considered to have collected tax in respect of the benefit provided to the employee, since the supplies were made outside of Canada. Also, if the taxable benefit is for the standby charge or operating expense benefit of an automobile or an aircraft, you are not considered to have collected the GST/HST on this benefit in the following situations: You are an individual or a partnership and the passenger vehicle or the aircraft that you have bought is used less than 90% in the commercial activities of the business. ...

Situations where you are not considered to have collected the GST/HST You are not considered to have collected the GST/HST on taxable benefits provided to employees in any of the following situations: The property or services that give rise to a taxable benefit are GST/HST exempt or zero-rated A taxable benefit results from an allowance included in the income of the employee under paragraph 6(1)(b) of the Income Tax Act You are restricted from claiming an input tax credit (ITC) in the situations described in ITC restrictions for the GST/HST paid or payable on the property and services that give rise to the taxable benefit The property or services that give rise to a taxable benefit are supplied outside Canada Example You, as an employer who is a GST/HST registrant, would like to reward an employee for outstanding performance, and you have agreed to pay for hotel accommodations and three meals a day, for one week, in London, England. ... However, you will not be considered to have collected tax in respect of the benefit provided to the employee, since the supplies were made outside of Canada. Also, if the taxable benefit is for the standby charge or operating expense benefit of an automobile or an aircraft, you are not considered to have collected the GST/HST on this benefit in the following situations: you are an individual or a partnership and the passenger vehicle or the aircraft that you have bought is used less than 90% in the commercial activities of the business you are not an individual, a partnership, or a financial institution, and the passenger vehicle or aircraft that you bought is used 50% or less in the commercial activities of the business you are a financial institution and choose to treat the passenger vehicle or aircraft you lease or have bought as being used only in non-commercial activities of the business (see Note below) you are not a financial institution and you lease the passenger vehicle or aircraft which you use 50% or more in non-commercial activities of the business, and you choose to treat it as being used 90% or more in such non-commercial activities (see Note below) Note To make this choice, fill out Form GST30, Election for Passenger Vehicles or Aircraft to be Deemed to be Used Exclusively in Non-Commercial Activities, or state in writing the information required on the form. ...

When and how to report the GST/HST you are considered to have collected You are considered to have collected the GST/HST, on a taxable benefit subject to the GST/HST, at the end of February in the year after the year you provided the benefit to the employee. ... Although you calculated the taxable benefits, including any GST/HST and PST, for each applicable pay period provided to your employees during 2016, you are considered to have collected the GST/HST on the taxable benefits at the end of February 2017. ...

When and how to report the GST/HST you are considered to have collected You are considered to have collected the GST/HST, on a taxable benefit subject to the GST/HST, at the end of February in the year after the year you provided the benefit to the employee. ... Although you calculated the taxable benefits, including any GST/HST and PST, for each applicable pay period provided to your employees during 2022, you are considered to have collected the GST/HST on the taxable benefits at the end of February 2023. ...

Are the specific-purpose payments made considered support payments? Answer The specific-purpose payments made are not considered support payments. ...

Are the specific-purpose payments made considered support payments? Answer The specific-purpose payments made are not considered support payments. ...