Additional GST Refund Recovery
Most organizations already file GST rebates and returns, and we appreciate that. We have developed a service that ensures our recovery increases your net return, taking our fees into account. Your organization will not end up with a smaller net return because of our services. For the Additional Funds Recovery, our fee is only applicable to what we recover, and will not be applied to your own GST application that you have filed. Many clients use this service every two or three years to ensure they are receiving their full GST rebates. We also apply the same concept to BC PST refunds, if you have already filed a PST refund.
Full Service GST Refund Recovery
GST applications are a burden on your staff to begin with. As the GST rate is decreasing to 5% Jan. 1/07, it is the same headache for a lot less. More organizations are outsourcing their whole GST application process to us. We will review every single invoice your organization has paid to ensure maximum GST credits. We generally visit our client's office annually. As always, we apply for a BC PST refund if applicable.
PST Refunds
Being a local BC company, we have extensive experience with the BC PST Refund programs. We review payables that are eligible for BC PST exemption and recover any monies directly from the Ministry of Finance. Every organization we have worked for that are eligible for BC PST refunds have not utilized the programs prior to our service.
Establish GST Exemption Status
We have established a large number of organizations to enjoy the same GST exemptions as First Nation Governments do. If you are an organization other than a corporation, and are related to any level of First Nation government, there is a good chance you can receive the same GST exemptions as the Band Councils do. Most non-profits only claim the 50% Public Service Body Rebate, but 100% GST rebates may be what you are entitled to. Don't get buried in the endless government legislation, interpretations and bulletins, we perform this service free of charge with our recovery services.
Self Government and Municipality GST Recovery
Virtually all Municipalities and Band Councils with a final agreement in place already file 100% Self Government GST rebates. We offer these organizations Special Issue opportunities that can result in further tax savings. These Special Issues are concealed in the depths of Federal and Provincial Government legislation. We offer our knowledge and expertise to save you money, while staying within the policies set out by the Canada Revenue Agency.
First Nation Owned Limited Partnership PST Recovery
If you operate a limited partnership and one of the partners is a Band Council, you may be eligible for substantail PST refund. We have found that many of our Band Council client's that engage in partnerships with other corporations, do not fully utilize the PST refund programs available to them. The reachback period is four years, and there may be substantial tax savings for your new or existing venture.
Corporation GST Recovery
GST registrants are required to file their GST returns either annually, quarterly or monthly. You are however, not required to claim input tax credits. This is only a benefit to you, therefore it is up to you to ensure you are claiming the absolute maximum. Our corporation clients generally have their GST returns in excellent order. What we identify are tax-inclusive expenses, that in fact do not show any taxes on the invoice, but are eligible to claim as GST credits as per Canada Revenue Agency's policies.
