Etsy Taxes Canada Everything You Need to Know about GST HST Tax on Etsy for Canadians

แชร์
ฝัง
  • เผยแพร่เมื่อ 9 เม.ย. 2024
  • In this webinar-style video I review everything you need to know as a Canadian Etsy seller about PST/RST/QST/GST/HST tax on Etsy Canada and what to know about collecting and remitting tax on Canadian Etsy sales. I also review Etsy Tax Statements, including what taxes Etsy charges Canadians to use their platform and services, which may be useful for tax credit.
    My Etsy Canada GST/HST Remittance Calculator is available to purchase here: kboothcreative.etsy.com/ca/li...
    Ready to start selling online? Join Etsy and list for FREE using my referral link: etsy.me/42IKrBC
    Get started with my first choice Print-on-Demand company Printify: try.printify.com/print-on-dem...
    Follow me on Socials!
    Insta: / fitkittytries
    Blog: fitkittytries.com/
    Tiktok: / fitkittytries (trying to recover it)
    Pinterest: / fitkittytries
    Check out my Etsy store for resources and toolkits: www.etsy.com/ca/shop/KBoothCr...

ความคิดเห็น • 17

  • @bacon_bacon_pancake
    @bacon_bacon_pancake 3 วันที่ผ่านมา

    so glad I came across your channel!

  • @moonovernight9834
    @moonovernight9834 16 วันที่ผ่านมา

    you're a LEGEND!! thank you for doing this.

  • @juliomendez3525
    @juliomendez3525 หลายเดือนก่อน

    Thank you !!🙇‍♂️

  • @TehMezdawg
    @TehMezdawg 3 หลายเดือนก่อน

    These videos are very helpful. Thanks you!! ❤❤❤❤

  • @user-vk1ro2mw8g
    @user-vk1ro2mw8g 3 หลายเดือนก่อน

    Thanks for posting this. I really appreciate it. Question for you... can you opt to not get a GST # and let Etsy continue to collect & remit on your behalf?

    • @fitkittytries
      @fitkittytries  3 หลายเดือนก่อน

      I wish! But if you do $30,000 in sales within a 12 month period you’re required to register for GST

  • @neptuneenergy123
    @neptuneenergy123 3 หลายเดือนก่อน

    They apparently submit the remitted taxes on your behalf but i have no proof they pt anything into revenue Canada... i am late submitting taxes because of them, they can't even tell me where thatnmoney is now. Im under $30 000. It feels like they are a scam to me... seems like they keep the tax

  • @user-si2jv7oq1r
    @user-si2jv7oq1r 2 หลายเดือนก่อน

    If I exceed the 30k threshrol and register for a GST number as legally required, do I have to input that Tax ID number into Etsy? I can't find an answer on Google as to if its required to add one to Etsy

  • @keithpalmer4547
    @keithpalmer4547 3 หลายเดือนก่อน

    I got a GST number last year but forgot to put it on my Etsy account. So Etsy collected gst from Canadian buyers last year. How do I verify the GST was collected to CRA or should I just pay the gst myself to CRA?

    • @fitkittytries
      @fitkittytries  3 หลายเดือนก่อน

      Uh oh, that’s a super tricky one! I’d call them and explain your situation. It’s likely you won’t have to pay but you’ll need to find out how to report your revenue as being exempt or zero rated. They may even have some special thing you fill out if your taxes were collected and remitted by a third party?

  • @stephanieseymour8671
    @stephanieseymour8671 3 หลายเดือนก่อน

    Hey! Thanks for this info. Just looking to clarify something and had a question. I’m Canadian and new to Etsy…I only want sell in the US. How does that work?

    • @fitkittytries
      @fitkittytries  3 หลายเดือนก่อน

      go into your shipping settings and remove any shipping to canada!

    • @stephanieseymour8671
      @stephanieseymour8671 2 หลายเดือนก่อน

      @@fitkittytries thank you!

    • @moonovernight9834
      @moonovernight9834 16 วันที่ผ่านมา

      ​@@stephanieseymour8671 this is a good idea. i'm tempted to do only sell in the states also so I don't have to worry about all this paperwork for doing business in Canada.

  • @buggod1141
    @buggod1141 2 หลายเดือนก่อน +3

    gosh, someone please help. I hit 30k in sales back in November, since then I've done a additional 93k. I use a print on demand service so ALOT goes into production. I had no clue once you hit 30k in sales you have to register yourself as a business and charge people tax. I never did that. I don't have a GST number and I don't charge people GST.
    So, now I'm very scared and confused if i owe the CRA 12% of my sales from the point i hit 30k, or if etsy has just been handling that and charging people the whole time and I'm ok. I haven't submitted a GST number to Etsy as i said i dont have one, so the whole time they should have been charging tax for me, right? Also, most of the sales i make are in the US if that matters.
    To anyone who reads this, thank you, and please help me if you can. I would really appreciate it.

    • @fitkittytries
      @fitkittytries  2 หลายเดือนก่อน

      Good thing you sell on Etsy cause they’ve totally taken care of it for you since you didn’t put a GST number but technically yes, you’re supposed to register.
      I know it happens fast with print on demand even if you don’t take home that amount that’s still great your designs are selling!

    • @buggod1141
      @buggod1141 2 หลายเดือนก่อน

      @@fitkittytries What a relief. Thank you for this video and replying, and I wish you and your shop the best :)