PST in BC - how often do you have to file a return? How will you file? and... Do they pay you to file?

If the tax you collect per year is over $12,000, you must file monthly.

If you collect less than $12,000, but more than $6,000, quarterly or monthly

If you collect less than $6,000 but more than $3,000, quarterly or semi-annual

And, if it's less than $3,000, annual, semi-annual or quarterly

So, it woudl seem that if your taxable sales are under $42,857 (with 7% PST) you should be an annual filer, but may choose to file more often.

Has anyone received their filing frequency notification?

You'll be able to file oline at something called eTaxBC, and pay with internet banking.

There's a commission structure again too. Commission is similar to the old structure where under $22, it's the amount payable, between $22.01 and $333.33 it's $22.00 and over that 6.6% of tax to a maximum of $198.  $3,000 x 6.6% is $198 (maximum)


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