Personally I see more advantages to registering than not but then I also will not participate in "under the table" transactions either. They have also indicated I am responsible for my own taxes and reporting yearly.
Hi Holly, Hmm a couple things aren't making sense here for me. Once you ARE a GST/HST registrant, you must collect GST/HST ... Third, GST/HST is a neutral tax to registered businesses. If you are still confused about anything, please post back here using the "comments" link below. The general information provided in this post or on my site should not be construed as advice.I know it's not mandatory for register for HST, but I would like to know what is best in my interest, to charge or not?and what benefits will I get in doing or not doing so? Hey Selena, Check out this chat on the topic and then you decide what's best for your business. Hello, I have been offered a job in a work from home position, they mentioned me requiring a GST number for tax purposes.You will also NOT be eligible to claim your input tax credits.CRA has this great new questionnaire on their website at Last year I was a sole proprietor.