Goods and Services Tax (GST) in Alberta: Expert Compliance & Filing Solution
For businesses working with the Tax and Revenue Administration (TRA), managing the Goods and Services Tax (GST) in Alberta can be a complex process. Let our team of experts simplify your GST compliance and ensure accurate remittance and filing, so you can focus on what you do best.
What is GST and
How It works in Alberta
The Goods and Services Tax (GST) is a 5% federal value-added tax in Canada. In Alberta, there is no provincial sales tax, making compliance straightforward.
How does it Works in Alberta?
- Charge 5% GST on your taxable services and sales.
- Recover the GST you paid on business expenses through Input Tax Credits (ITCs).
- File GST returns with the CRA and pay the net amount.
This process ensures the end consumers ultimately pay the tax while your business acts as a collection agent for the government.
Role of the Tax and Revenue Administration (TRA)
The Tax and Revenue Administration (TRA) manages provincial taxes in Alberta but does not administer the federal GST. That responsibility belongs to the Canada Revenue Agency (CRA). TRA’s GST-related activities are limited to internal government operations, such as managing filings for provincial entities and maintaining lists of GST-exempt departments.
How to Register Your Business for Goods and Services Tax in Alberta
If your annual taxable revenue exceeds $30,000, then register with the Canada Revenue Agency. To claim Input Tax Credits, you can register anytime. Use the CRA’s Business Registration Online BRO for the fastest sign-up.
Goods and Services Taxes in Alberta Compliance Framework Explained
In Alberta, the GST compliance framework is governed by the Canada Revenue Agency. Key requirements include:
Filing Frequency Options
Your filing period is based on annual taxable revenue: yearly revenue of $1.5 million or less. Quarterly revenue over $1.5 million, up to $6 million. Monthly revenue over $6 million.
Electronic Filing Rules & Requirements
For most businesses, electronic filing is mandatory. Paper filing may result in penalties.
GST Payment Deadlines & Accepted Methods
After your reporting period ends, payments are due one month later. Large remittances require electronic payment.
Record-Keeping Standards for GST
To support your filings and ITC claims, maintain all business records and supporting documents.
Our Alberta GST Services: Complete Compliance Support
You can focus on your business — we handle the entire GST process. Here is an overview of the services we offer:
GST Registration & Setup with CRA
Our experts manage CRA registrations and determine mandatory/voluntary requirements in accordance with the Small Supplier Rules.
GST Return Preparation & Filing
We prepare and electronically file returns to meet CRA mandates and avoid penalties.
Input Tax Credit (ITC) Optimization
To recover GST on business expenses and net remittance, we identify eligible ITCs.
GST Remittance & Payment Management
We ensure timely payments to the CRA through an approved method to prevent interest and penalties.
TRA Audit Support & Representation
Our team provides guidance and acts as your representative during CRA compliance examination.
Why Choose Our Expert GST Team
Time and Focus
We handle your business filings so you can focus on business operations.
Maximized Savings
Expert Input Tax Credits( ITC) optimization ensures you recover every dollar possible.
Reduced Risk
We ensure accurate GST remittance and filing, minimize audit risk and penalties from the CRA.
Audit Support
If the CRA reviews your filings, you have expert representation and guidance.
Alberta Focused Experties
For Alberta businesses, our experts have deep knowledge of CRA rules.
Maximize your ITCs
We ensure you claim every eligible Input Tax Credit.
How Does Designo Graphy Help?
Designo Graphy is partnered with a team of expert advisors with years of experience managing federal and provincial government grants, from application submission to funding disbursement. We are an approved advisor for the Government’s CDAP 15K program (which is closed now), Ontario’s DCC-TDP, and a recognized service provider for Alberta Innovates. We have successfully assisted numerous businesses in achieving their goals through these grant programs.
Our high success rate has helped us gain a strong reputation in the industry. Our satisfied customers are our greatest assets, and we will continue to work hard to make a valuable contribution to their success.