Sample Invoice With Harmonized Sales Tax (HST)

This sample invoice shows an example of billing for a product with Harmonized Sales Tax (HST) being sold by an Ontario business. The HST is charged in provinces that have merged their provincial sales tax (PST) and the federal Goods and Services Tax (GST) into a single tax. Businesses that are do not qualify for the Small Suppliers exemption must charge HST or GST/PST, depending on the province.

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How to Organize Your Filing System

Taking the time to organize your filing system is crucial. While everyone would love to have a paperless office, the reality is that many small businesses still have the need to store paper documents such as invoices, receipts, etc. and be able to easily retrieve them when required. You do not want to miss out on tax deductions due to missing receipts – a non-existent or messy filing system can add days of extra effort at income tax time.

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The 3 Steps to Successful Data Backup

Data protection is crucial for protecting your business's continuity. If your only data backup is on a computer, and the hard disk fails or is damaged by a power surge, your business data is gone. And having paper copies of business data isn't adequate data protection; what if your business premises burn to the ground or experience severe flooding? Once again the data you need to carry on your business could be irretrievably lost.

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