GST / HST Quick Method Calculator

As a small business, we file our GST 4 times a year, we’ve had trouble finding a decent GST/HST calculator. I always like to read the information on the CRA website first and then find a calculator to see if I understood how file pretty well.

The quick method is another accounting option available to help small businesses calculate their net tax for GST/HST purposes. This method reduces paperwork and makes it easier to calculate GST/HST remittances and file GST/HST returns because it eliminates the need to report the actual GST/HST paid or payable on most purchases.

When you use the quick method, you still charge the GST at the rate of 5% or the HST at the applicable rate on your taxable supplies of property and services.

Make sure that your supplies are eligible for the quick method, here’s a link to double check if your supplies are eligible: Supplies not eligible

When making your quick method calculations, your first $30,000 is entitled to a 1% credit on eligible supplies (including the GST/HST) on which you collect the GST at 5% or the HST at the applicable rate.

Please note: This calculator is currently under construction. We have made an effort to ensure the accuracy of this calculator, we cannot be held responsible for any consequences resulting from its use. This calculator is for estimation purposes only, and uses data entered by the user that are assumed to be correct. Actual results may differ. This calculator is not intended to be a substitute for professional advice.

Remittance rates for businesses that provide services

The amount you need to enter in the calculator is your revenue amount including the GST/HST.

{{province.date_text}}
[ GST ]
First $30,000 taxed at {{tax_30}}
Rest taxed at {{tax_rest}}
[ QST ]
First {{result.gst_income_bracket | currency(false)}} taxed at {{tax2_30}}
Rest taxed at {{tax2_rest}}
Retailers and wholesalers that purchase goods intended for sale
Services
GST: {{result.tax1 | currency}}
QST: {{result.tax2 | currency}}

Total tax: {{result.total_tax | currency(true)}}