Non Profit Organization
Non-profit organizations are subject to very specific rules regarding claiming GST, HST and QST rebates. First, they must identify the rebate coming from the federal portion of the HST (i.e. 5%) separately from the rebate coming from the provincial portion of the HST (i.e. 8% or 10%) and identify which of the 5 participating provinces (Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador) it is related to when submitting their tax claim.
You can view an example in our blog.
Advataxes breaks down the GST, HST and QST as follows with respect to employee expense reports and corporate credit card statements:
- GST/HST paid on purchases and allowances
- QST paid on purchases and allowances
- GST/HST to claim
- QST to claim
- The federal component of the HST (5%)
- The provincial component (8% or 10%) of the HST
- The jurisdiction of the expenditure
This is in order that you can both address tax authorities’ reporting requirement and tax recoverable rules.So, Advataxes stores all tax amounts even if they are not fully recoverable.
Our tools to fill out expense reports and complete corporate credit card statements includes a credit card upload (see our page), a IOS Andoid App (see our page) and a distance calculator (see our page).
You can view excerpts of some previously mentioned tax forms below:
GST66
FP2026
RC7066
