Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
August 13, 2024
Question

Why is insurance expense included as an itc credit on line 106 of gst return if it is denied by cra? Please note it was processed correctly with 8%pst only in quickbooks

  • August 13, 2024
  • 1 reply
  • 1 view
No text available

1 reply

QuickBooks Team
August 13, 2024

Hi treasurer116,

 

It's essential that your sales tax is calculated accurately in QuickBooks Online.  In your situation, the best course of action is to contact us at 1-855-253-1536 from Monday to Friday between the hours of 9 AM and 8 PM EST.  With your consent, a member of our Customer Care team will be able to work with you virtually and ensure your sales tax is aligned with CRA guidelines.

 

Feel free to reach out again, if you have additional questions or concerns. We would be glad to assist!