Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This seminar will identify and discuss how the Public Service Bodies’ (PSB) Rebate applies for both Charities and NPOs. We will review entitlements, similarities and differences by entity type, and the rules to help better manage an organization’s PSB Rebate. We’ll also examine GST/HST Compliance processes, and record-keeping for GST/HST purposes.
- Do you know the Public Service Bodies’ (PSB) Rebate rules for Charities vs. NPOs?
- Were you aware that NPOs have no PSB Rebate eligibility?
- Do you know how to recover missed claims?
- Did you know there are multiple CRA Compliance Processes?
- Do you know the differences between Audits and Examinations?
- Do you want to hear about GST/HST record-keeping?
Topics Include:
- Definitions
- Eligibility
- Exclusions
- Percentages
- Recovering Missed Amounts
- Qualifying NPOs (Eligibility Restriction)
- Reference Materials
- Compliance Processes
- Timelines
Key Takeaways
Upon completion of this course, learners will be able to:
- Recognize PSB Rebate issues.
- Identify the entitlement differences between Charities vs. NPOs.
- Know how to correctly claim the full PSB Rebate.
- Understand additional qualifications required for NPOs.
- Understand the two different GST/HST processes.
- Review methods and procedures.
- Recognize your role.
- Introduce GST/HST record-keeping provisions.
Who Will Benefit
This seminar is designed for Charities, NPOs, Municipalities, and various For-Profit sectors. It is intended for tax practitioners, directors, staff, and others responsible for GST/HST accounts and record-keeping. Topics include the PSB Rebate - how it applies, potential limitations, and strategies to maximize entitlements - as well as common GST/HST errors and audit preparation tips to help organizations stay compliant.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
If available, course materials can be accessed 2 business days prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Michael Monk has been with Canada Revenue Agency (CRA) for 35 years. During that time, he has worked extensively with numerous complex GST/HST issues and has created & facilitated hundreds of GST/HST Presentations, on topics across multiple sectors and industries. Michael’s current role in CRA’s Ottawa Headquarters (HQ) is with the HQ - GST/HST and Digital Compliance Directorate where he has managed CRA’s National GST/HST Presentations and Outreach services for the last 9 years. Michael was a Team Leader and Senior Technical Interpretations Analyst for 12 years in GST/HST Rulings, Legislative Policy and Regulatory Affairs Branch. He spent additional years in other GST/HST roles within the Compliance Programs Branch. Michael also worked as a CRA - GST/HST Facilitator spanning over a 10+ year period creating, reviewing, and facilitating many of CRA’s Internal GST/HST Legislation and Audit Courses to hundreds of CRA staff. He brings a decade's wealth of experience from the perspectives of both Audit, in Compliance Programs, and from Legislative Interpretation, from GST/HST Rulings. Michael has served as Speaker at many Conferences, preparing and delivering GST/HST Presentations nationally for a variety of industry associations and practitioners.