Are you a nonprofit or charity board member or staff person? If so, you are probably keenly aware of how complex GST and HST rules and regulations are for not-for-profits and charities.
To provide some much needed help around these issues, Stern Cohen Not-for-Profit and Charity specialist Laura Gay was asked to present on this topic at CPA Ontario’s Not-For-Profit Conference in Toronto, on November 23, 2017.
Laura’s presentation was part of a one-day event for financial leaders within or interested in the not-for-profit sector. The conference offered attendees the opportunity to learn best practices and new skills relevant to the industry, and to network with their peers.
Laura’s presentation was called: “Everything Charities & NFP’s Need to Know About GST/HST.” It was delivered to a standing room only crowd. Response to the presentation was very positive and included the following feedback:
If you are interested in this topic but were not able to attend the conference or this session, you are in luck! We are making the slides available for download via this page.
If you don’t think GST/HST applies to you, think again! This presentation will clarify matters like when you need to register for GST/HST, what are the exemptions and how to claim input tax credits. Find out if you qualify for an HST rebate (we’ve uncovered rebates for new clients of up to $73K!) We’ll cover the challenges of operating in more than one province, how the calculations differ, and special GST calculations for charities. We’ll also discuss how your accounting firm can and should help with the more complex or “grey” areas of tax. If you have questions, we have answers (and we’ll offer some resources). This presentation is the brainchild of a team of CPAs who specialize in the NFP niche and deliver award-winning service.
a. Find out when you need to register for GST/HST
b. Learn about exemptions and how to claim input tax credits
c. Find out if your NPO/Charity qualifies for an HST rebate
Our top five tips for not-for-profits and charities on this topic are:
Laura Gay is a CPA, CA (Chartered Professional Accountant) who focuses on the Not-for-Profit sector at Stern Cohen LLP.
Disclaimer – This presentation provides general information only. Readers should consult with us on your specific situation before taking any action.