Tax Information for Business

Canada Revenue Agency (CRA) (Federal Government)
The Canada Revenue Agency (CRA) administers tax laws for the Government of Canada and for most provinces and territories, and administers various social and economic benefit and incentive programs delivered through the tax system.
The laws and regulations administered under the Canada Revenue Agency (CRA) include the Canada Revenue Agency Act, the Income Tax Act, the Universal Child Care Benefit Act, and the Charities Registration (Security Information) Act.

Your business will be subject to some, or all, of the Business taxes that are governed by the noted Acts and administered by the Canada Revenue Agency (CRA).

These Business taxes include:

Income tax;
Harmonized Sales Tax (GST/HST);
Business Number and;
Customs rates.


Retail Sales Tax (RST) (Provincial Government)
is no longer applicable,
with 2 exceptions.
On July 1, 2010 the Retail Sales Tax (RST) was replaced by the Harmonized Sales Tax (HST). The provincial portion of the Harmonized Sales Tax (HST) is eight per cent and the federal portion is five per cent for a combined Harmonized Sales Tax (HST) rate of 13 per cent. The Canada Revenue Agency (CRA) administers the Harmonized Sales Tax (HST).
The exceptions are that Retail Sales Tax (RST) is charged on certain premiums of insurance and benefits plans, and on private purchases of specified vehicles.


Property Tax (Municipal Government)
Property Tax paid by a business is governed by the Municipality of Chatham-Kent.
Property Taxes are considered an allowable business deduction for your business as an expense or as a “Business-use-of-home expense”.

and Page 20