Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This seminar will include information about revenue for both Charities and NPOs that attract GST/HST, and those that do not. We will review the obligations for both types of entities to help ensure that GST/HST is properly accounted for. We’ll also review some of the most important GST/HST issues concerning Input Tax Credits (ITCs).
- Did you know that GST/HST applies differently to Charities and NPOs?
- Do you know when each entity needs to charge and collect GST/HST?
- Did you know that ITC rules for Charities and NPOs are not the same?
- Are you aware that ITC eligibility could be 100% or 0%?
Topics Include:
- Definitions
- Admissions
- Fundraising
- Recreation Programs
- Memberships
- Real Property Concepts
- Reference Materials
- Time Limits
- Operating Expense
- Allocation
- Capital Properties
Key Takeaways
Upon completion of this course, learners will be able to:
- Recognize key GST/HST application rules for Charities and NPOs.
- Know when each entity must collect GST/HST.
- Understand the tax obligations for several revenue types.
- Identify, reduce, and eliminate common GST/HST mistakes.
- Recognize Key ITC Differences - Charities vs. NPOs.
- Understand and Apply the Correct Rules.
- Comprehend the Different Net Tax Calculation.
- Identify and Reduce Mistakes.
Who Will Benefit
This seminar is designed for both Charities and Non-Profit Organizations (NPOs) and is intended for tax practitioners, directors, staff, and others responsible for GST/HST matters. It will cover registration requirements, basic ITC rules for operating and capital expenses, and methods for calculating net tax. Attendees will gain practical insights into maximizing recoveries and avoiding common GST/HST compliance errors.
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.