Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This seminar focuses on the recovery rules applicable to GST/HST and Quebec sales tax (QST) to maximize tax recovery. Participants will gain insight on how to avoid the pitfalls and reduce audit exposures while maximizing tax recoveries.
The recovery of tax is one of the most common areas prone to audit assessments. This insightful overview will include a detailed examination of the documentation requirements, when and how to claim input tax credits and restricted expenses for both large and small to medium sized businesses. A comprehensive overview of the recovery rules using common everyday examples to illustrate the key technical issues, employee expense reports and company credit card issues will also be discussed.
Topics Include:
- Conditions to be met before an input tax credit can be claimed
- Overview of the documentation requirements
- Input tax credit recovery time limitation
- Apportionment rules
- 100% and 50% restricted expenses
- Other limitations, such as restrictions on automobile purchases and leases
- Temporary large business restrictions for expenses incurred and consumed in Prince Edward Island
- Employee reimbursement and allowance compliance issues
- Company credit card issues
Schedule
- April 8, 2025, 8:30 a.m. - 12:30 p.m.
- April 9, 2025, 8:30 a.m. - 12:30 p.m.
Who Will Benefit
Those who deal with the HST/GST and QST on a daily basis, or those who would like to obtain a better understanding of recovery issues.
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.
Electronic material can be accessed one week 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)
Diane Gaudon, FCPA, FCGA her own practice providing GST, HST, QST and provincial sales tax advice and training to businesses of all sizes across North America. Over the past 25 years, she has gained extensive accounting and taxation expertise spanning many industries. She is a very popular speaker who frequently presents commodity tax related material to numerous professional organizations. Diane authored numerous publications and courses. In addition, Diane was on the Ontario provincial government HST Implementation Committee.
Testimonials
Very informative seminar. Diane has strong background on the topic. Her stories make the seminar very interesting. She answered all attendees’ questions. Highly recommend to other CPAs.