Have you heard of the Quick Method of Accounting for calculating GST and QST remittances? Not only can this method save you time, it can also save you significant costs.
This method is intended for businesses with sales not exceeding $400,000 (including GST). It is generally of benefit to service industry companies, which by the nature of their activities, have few taxable expenses¹.
In addition to the standard method for tax processing, Actif now offers the new Quick Method to all its Quebec clients. This can be very beneficial for small businesses that wish to make their lives easier when filing returns.
To find out if your business is eligible, please visit Revenu Québec’s website for more information.
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