Entrepreneurship & Small Business

Goods and service tax/harmonized sales tax (gst/hst) return for registrants

  • Last Updated:
  • Jun 11th, 2011 4:44 pm
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Newbie
Jun 10, 2011
1 posts
COPPER CLIFF

Goods and service tax/harmonized sales tax (gst/hst) return for registrants

My spouse owned a business but it failed. He however collected HST in the 2010 tax year while the business was running. His total income for the year was under $2000 after expenditures not counting the amount of HST collected. Can the amount of HST be added to his total income or does he have to fill in the form. I am wondering because when I filled in the GST34-2E the amount he would have to pay back is very high even though his net yearly income is almost nothing.
1 reply
Deal Addict
Feb 5, 2009
2808 posts
940 upvotes
Newmarket
No, you can not add sales tax to your income, you have to file the return properly.

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