Accountant for Edmonton businesses

GST only, with no provincial layer

Edmonton businesses operate under the same Alberta rules HBT works in every day. There is no provincial sales tax, so the sales tax position is 5 percent GST and nothing else. Alberta shares that position with Yukon, the Northwest Territories and Nunavut, and it avoids the separate provincial sales tax return that businesses in British Columbia, Saskatchewan and Manitoba carry.

What is left to get right is the corporate side: the year end, the T2, instalments, and how the owner takes money out. Those are the same questions HBT handles across Alberta, and being in another city changes nothing about how the work runs.

What an Edmonton engagement covers

How the work begins

1. 1

   Step 1: Review the current position

   Entity, year end date, what is filed and what is late.

2. 2

   Step 2: Fee confirmed up front

   From the published schedule, before any paid work.

3. 3

   Step 3: Filed and explained

   The result in plain terms, with next year's dates set.

Does an Edmonton business charge provincial sales tax?

No. Alberta has no provincial sales tax, so an Edmonton business generally charges 5 percent GST and nothing further. That ties for the lowest combined rate in Canada, with Yukon, the Northwest Territories and Nunavut, and it means one sales tax registration and one set of returns rather than two. Businesses selling into other provinces may still have to charge that province's rate under the place of supply rules.