I already have a GST account. Do I need another one?
Chances are that you received a GST number operating personally (as Sole-Proprietor or Partnership). If you start a separate business or start an Incorporated company, you’ll need to apply for a NEW GST number. Each business (exceeding $30,000 in sales/revenue) must each have a GST number. This is due to the income of your new company being distinct in its recording of ssIf you will have sales of $30,000 in fiscal year, you must obtain a GST number. As part of our services, we review your businesses for correctness and will contact CRA for you to correct so you stay in compliance.