Selling online is simple to start and easy to get wrong at tax time. Payouts arrive net of fees and refunds, inventory sits in warehouses, and GST/HST depends on where your customers are. Garg Accounting helps Shopify, Amazon, Etsy, eBay and WooCommerce sellers, dropshippers and digital product creators in Calgary and across Canada keep accurate books and file correctly.
Product brands, Amazon FBA sellers, Etsy makers, dropshippers, print-on-demand stores, digital course and download sellers, and retailers adding an online store.
You must register once your worldwide taxable sales pass $30,000 in any four consecutive calendar quarters. Many sellers register earlier to claim GST paid on inventory and expenses. We’ll tell you when it makes sense.
You report gross sales, then deduct platform fees, payment processing, refunds and other expenses. Reporting only the net payout understates both income and expenses and can cause GST errors.
Marketplace operators collect GST/HST on certain sales. We separate those sales in your books so they’re reported correctly and you don’t remit tax twice.
Yes. We work with online sellers across Canada entirely online, and set up the right GST/HST rate for each province you sell into.
Garg Accounting · 4310 104 Avenue NE, Unit 3230, Calgary, AB T3J 1W5 · +1 368-995-6000 · info@gargaccounting.ca · Mon–Fri 9:00 AM–5:30 PM
Areas we serve: NW Calgary · NE Calgary · SW Calgary & Downtown · SE Calgary · Airdrie · Chestermere · Balzac & Rocky View · Cochrane · Okotoks & High River · Strathmore · Drumheller · Red Deer · Lethbridge · Medicine Hat · Edmonton · Fort McMurray · Grande Prairie · Online across Canada
Related: Personal tax filing · GST/HST filing · Bookkeeping · Incorporation · Contact
Popular services: Accounting services in Calgary · Personal tax returns · Payroll services · Bookkeeping · Corporate tax (T2)
