Page 1 of 1
GST TAX
Posted: Wed Jul 26, 2006 3:31 pm
by Randolph
Doing a little bookeeping this morning. I didn't really spend that much, did I?
I vaguely recall someone saying something, in Kelowna, about filling out a form and having your GST tax refunded to you. Could anyone elaborate on this? Is there a form one needs to fill out? If so, can anyone post a copy or specify where one can be located? Thanks Randolph
Posted: Wed Jul 26, 2006 5:03 pm
by Bruce Fenstermacher
Here is a link to the form
http://www.cra-arc.gc.ca/E/pbg/gf/gst176/gst176-06e.pdf
Found it easily using Google searching for "GST tax refund". Do the search and you'll find a bunch of info.
Lessons Learned
Posted: Thu Aug 03, 2006 10:25 pm
by Randolph
Bruce, thanks for the link to the form, never thought about Googling it.
After studying the form I have learned another interesting lesson which I will pass along to anyone else for future reference. While staying at the Ramada, next to the Sandman, I frequented the restaurant several times and the bar on several occasions. I could very easily have charged the bills to my room but for some reason I chose to pay cash. In reading the form for the refund of the GST tax, I see that they won't pay up on any bills under $50 Canadian. That means that I get the $46 back from my room but not the smaller amounts from the meals and the necessary trips to the lounge. Had I charged them to my room, I could have recouped those smaller amounts as well.
As my mother likes to say: A penny saved is a penny earned.
Randolph
Posted: Fri Aug 04, 2006 12:00 am
by Robert Eilers
Jim,
I also learned a interesting lesson upon returning home and doing the book keeping. I have always been told when in Canada use your credit card for most purchases because the credit card company will do the conversion. Well, I discovered two things: 1) The Credit card company does a great job doing the conversion 2) The Credit card company charges a fortune for doing the conversion. I should have used Canadian currency and charged other items to the room. Now I Know. Greg and I enjoyed your company.