CANADA REVENUE AGENCY HST NUMBER HOW TO
CANADA REVENUE AGENCY HST NUMBER UPDATE
CANADA REVENUE AGENCY HST NUMBER PROFESSIONAL

CANADA REVENUE AGENCY HST NUMBER HOW TO

Some Islanders who reached out to CBC said they had already been making plans on how to spend the money. government also provided a statement, saying: 'For clarity, the federal GST/HST credit is not being clawed back.' 'We regret any confusion this may have caused.' 'This issue did not have any financial impact on taxpayers,' it said. The CRA said in an email that 'incorrect information was utilized' when the July notices were generated. But to most people, it appeared that they were losing the GST credit for the federal portion and that the provincial portion was decreased by $240,' MacKay said. 'I'm an accountant, I understand what happened. But neither of the notices theyВ received from the CRA so far include that figure. In fact, MacKay said that client will receive the same amount in October that they receivedВ in July: $141.50. Then in August they were told that payment would be for $27.50. MacKay shared numbers from one client who was told in July their total October HST credit payment would be for $381.50. While they included the correct amounts for the provincial portion of HST credit payments, they told Island taxpayers they would be receiving nothing from the federal portion of the payments. What's more, the revised notices sent in August included a new error. He said his client will receive payments for all three quarters of $141.50, as they did in July.

Neither schedule includes the correct payment information, according to Rob MacKay, who files this person's taxes. The top information was provided July 5, the bottom schedule Aug. Two HST credit payment schedules sent by the Canada Revenue Agency to the same Island resident one month apart. 'Which is concerning for clients because some of them think that there's an error on their return and they're on the bad side with CRA, so that causes anxiety.'

CANADA REVENUE AGENCY HST NUMBER PROFESSIONAL

'They didn't really explain much as to what had happened and why,' said Rob MacKay, a chartered professional accountant who runsВ Charlottetown tax preparation business Tax Plus.

CANADA REVENUE AGENCY HST NUMBER UPDATE

5 the CRA began issuing corrected notices, but without informing Islanders a mistake had been made.В The revised notices simply told taxpayers their credit amounts had been reviewed 'based on an update to the information on file.' The agency wouldn't tell CBC how many Islanders were affected, but said it was a 'large number.' Households that earn less than $60,000 qualify for the credit.

residents July 5, the CRA overcalculated the provincial portion of the harmonized sales tax credit, telling Islanders their October payments would be as much as $240 more than they will actually be receiving. A math error by the Canada Revenue Agency may have caused some concern for Islanders waiting forВ their quarterly HST credit payments.

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