National Bookkeeping Week, January 15-19th, 2024, is a time dedicated to recognizing bookkeepers’ invaluable contributions and highlighting their essential role in maintaining the financial health of businesses and organizations. As we delve into the world of numbers, records, and meticulous attention to detail, we invite you to join us in celebrating the unsung heroes who keep the financial engines running smoothly.
Over the 5 days, we will run events, share stories, profiles, and businesses, and elevate and highlight the profession nationwide.
To learn more about National Bookkeeping Week visit bookkeepingweek.ca
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Did you know that there are different GST/HST rules for different industry sectors?
Are you aware of all of your GST/HST entitlements and obligations?
Would you like to know that you are “doing things right” for GST/HST purposes?
If you would like to learn more about these issues, you should attend CRA’s GST/HST Presentation on “Introduction to the For-Profit Sectors.” You will hear directly from CRA’s GST/HST Headquarters Representative, who has 30+ years of experience working in CRA’s GST/HST programs.
LEARNING OBJECTIVES:
- Understand which revenues are GST/HST applicable
- Learn about the obligation to charge and collect tax
- Review your entitlements
- Recognize risks and potential mistakes
TOPICS INCLUDE:
- Definitions
- GST/HST Registration
- Charge and Collect Tax
- Input Tax Credits
- Reference Materials
WHO WILL BENEFIT:
This Presentation is designed as one part of a Series of Presentations. It is designed for individuals who may be business Owners or Directors and for accounting and other practitioners who provide support services to such businesses operating on a For-Profit basis. The information is applicable to sole proprietorships, partnerships and incorporated businesses. You will be introduced to a wide variety of GST/HST issues, each of which can directly affect an entity’s GST/HST accountabilities. We will lay the foundation in this presentation to assist you in preparing for additional learning on other GST/HST topics in subsequent presentations in the series.
Presenter: Michael Monk
Michael Monk has been an employee of the Canada Revenue Agency (CRA) for 33 years. During that time, he has worked extensively with GST/HST.
Michael’s current role in CRA’s Ottawa Headquarters is with the GST/HST and Digital Compliance Directorate, where he has managed CRA’s National GST/HST Presentations and Outreach services for the last 7 years.
Michael was a Team Leader and Senior Technical Interpretations Analyst for 10+ years in GST/HST Rulings, Legislative Policy and Regulatory Affairs Branch. He spent numerous additional years in other GST/HST roles within the Compliance Programs Branch. Michael also worked as a CRA Facilitator throughout a ten-year period, creating and instructing GST/HST Legislation and Audit courses to CRA staff.
Michael has many years of experience working with a multitude of GST/HST issues across several sectors. He has participated in conferences, preparing and delivering GST/HST presentations to a variety of accounting and industry associations.
Michael has volunteered with many community and school association groups over the years. He has served as Director on the Board of a large national charity and CRA’s Employee Assistance Program Committee.
Please note that the GST/HST Seminar Series will NOT be recorded and made available.
A full refund for webinars will be given if cancellation is received within 24 hours of purchase. No refund will be given after 24 hours before the webinar start time.