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Tuesday, 13 October 2026
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Latest posts

HST on gift cards applies when spent.
HST Basics

Tax Applies When the Card Is Spent, Not When It Is Bought

Colleen Fairweather-Dubois
58
June 6, 2026

I was sitting across from a client last Tuesday—a lovely woman running a boutique in Halifax—who was staring at her sales report like it was written...

Credits and exempt supplies revenue concept.
Input Tax Credits

Exempt Revenue Poisons the Credit Attached to It

Colleen Fairweather-Dubois
64
June 6, 2026August 27, 2026

I was sitting in my office last Tuesday, staring at a particularly grim shoebox of receipts—the kind where the thermal paper has faded so much it...

Impact of large business restrictions on sales.
Provincial Rates

Ten Million in Sales Changes Which Credits You Keep

Colleen Fairweather-Dubois
62
June 5, 2026

I was sitting across from a client last Tuesday—a man who, three years ago, was just a guy with a reliable van and a decent client list—and he...

Record retention for returns documentation process.
Filing and Returns

Keep Everything the Return Was Built From

Colleen Fairweather-Dubois
60
June 3, 2026

I’ll never forget the look on a client’s face last February—the kind of pale, hollow expression you only see after a particularly bad loss on the...

Milestone billing and tax timing diagram.
Small Business

Each Milestone Is Its Own Tax Point

Colleen Fairweather-Dubois
67
June 1, 2026September 3, 2026

I was staring at a particularly depressing shoebox of crumpled receipts last Tuesday—the kind that makes you wonder if the owner even owns a...

Tax on retainers and advance payments.
Small Business

Tax Follows the Earlier of Invoice or Payment

Colleen Fairweather-Dubois
73
May 30, 2026September 3, 2026

I was sitting in my office last Tuesday, staring at a crumpled receipt that looked like it had been through a washing machine, when a client...

Selling an asset you claimed on van.
Input Tax Credits

Selling the Van Means Charging Tax on the Van

Colleen Fairweather-Dubois
70
May 29, 2026

I was sitting in my office last Tuesday, staring at a particularly grim shoebox of receipts—the kind where the thermal paper has practically turned...

Recapture of input tax credits for businesses.
Provincial Rates

Large Businesses Had to Give Some Credits Back

Colleen Fairweather-Dubois
70
May 28, 2026September 3, 2026

I was sitting in my office last Tuesday, staring at a crumpled, grease-stained receipt from a client’s lunch meeting that looked like it had been...

Maximize trade in credits and tax savings.
HST Basics

A Trade in Reduces the Amount Tax Is Calculated on

Colleen Fairweather-Dubois
71
May 27, 2026

I remember sitting across from a landscaping contractor last spring who was absolutely convinced he’d been cheated by his equipment dealer. He’d...

Strategies for electing a different fiscal year.
Filing and Returns

Your Tax Year Does Not Have to Match the Calendar

Colleen Fairweather-Dubois
69
May 27, 2026

I was sitting in my office last Tuesday, staring at a stack of receipts that looked more like a shredded document from a crime scene than a business...

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Recent Posts

  • A Branch Reports Under the Parent, a Subsidiary Does Not
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  • A Rebate That Only Exists if You Apply for It
  • Claim When You Buy, Not When You Sell
  • Most Medical Care Is Exempt, Most Cosmetic Work Is Not

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