Using the GST return form that CRA send you, you work out your calculations, total sales, GST collected, GST that you paid on expences, etc. Follow the arrow and boxes, and at the bottom of the form there are two boxes, and you'll end up with an amount in one or other. One shows the amount you may owe them, or the other shows the refund that you can claim. You then transfer this amount to the slip that you tear off on the next page and submit it. If you owe them, you send a cheque or pay it somehow. If they owe you, they'll send you a cheque when they are ready. The form that you send is called RC158. Chris
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Today's Featured Article - Restoring a John Deere 2010 Diesel Tractor - by Jim Nielsen. Following seven years working in California's Silicon Valley, my wife, baby son and I moved back to Australia to retire. We bought a small 'farm' of about 50 acres near Bendigo, in the state of Victoria. I soon found that it would be very useful to have a tractor around the place for things such as grading our long drive and brush-hogging the fields. I was also embarking on planting 1000 eucalyptus trees, and hence I would need a ripper, small disk plow, sprayer etc. to get these things accompli
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