NOT financial advice - seek advice from a professional for your specific situation

    TaxKilnCanadian tax guidance

    GST/HST Quick Method

    The Quick Method (ETA s. 227) lets eligible small businesses remit GST/HST at a reduced rate without tracking input tax credits on operating purchases. For low-expense service businesses it consistently saves money; for goods resellers or expense-heavy operations it can cost.

    Last reviewed:

    Guidance, not advice. We explain the rules, we don't assess your situation. Always seek financial or tax advice from your accountant, or contact CRA. Read our editorial scope →

    1. Eligibility

    • Taxable supplies (including zero-rated) ≤ $400,000 (incl. GST/HST) in the year and the prior four quarters
    • Continuously registered for GST/HST throughout the year
    • NOT in an excluded business (see s. 10)

    2. Excluded businesses

    Bookkeepers, accountants, tax preparers, financial consultants, legal professionals, actuaries, notaries, listed financial institutions — among others — cannot use the Quick Method.

    3. Rates by province and business type (2025)

    Two main categories: service providers and goods resellers. Rates differ by province of supply. Indicative rates (verify against ETA Schedule X / CRA tables before filing):

    Province (place of supply)Services rateGoods resale rate
    ON, NB, NL (13% HST)8.8%4.4%
    NS (HST 15% → 14% from 1 Apr 2025)10.0% (pre-Apr) / 9.4%5.0% / 4.4%
    PEI (15% HST)10.0%5.0%
    GST-only provinces (5%)3.6%1.8%

    4. $30k capital property ITC exception

    ITCs are still claimable on capital property purchases (equipment, vehicles) ≥$30k threshold even on the Quick Method. Plan large capital purchases to recover the embedded tax.

    5. First-$30k 1% credit

    A 1% reduction applies to the first $30,000 of eligible supplies each fiscal year — a small but automatic bonus for Quick Method registrants.

    6. Worked comparison — $100k ON service provider

    Charges 13% HST → bills $113,000. Operating expenses with HST embedded $8,000 (incl. $920 HST).
    Regular method: remit $13,000 − $920 ITC = $12,080.
    Quick Method: remit 8.8% × $113,000 = $9,944; less 1% × $30,000 = $300 credit = $9,644.
    Saving ≈ $2,440/year. Quick Method wins for expense-light services.

    7. When it costs you

    Goods resellers buying large inventory at HST-bearing cost lose more in foregone ITCs than they save on the reduced rate. Run the comparison annually.

    8. Form GST74

    Elect by filing Form GST74 by the first day of the second fiscal quarter for which the election is to apply. Annual filers elect for the entire year. Revoke with Form GST74 again (one-year minimum once elected).

    Last reviewed: