Friday, July 16, 2010
HST remittance for art-based businesses
For Artists that run a business in Ontario....the rules and procedures surrounding the remittance of HST is becoming clearer! Check out the explanation that CARFAC is offering. Often artist just don't want to do the paperwork (fair enough!), but there are real benefits to your bottom line. The first (and incorrect) impression is that your art work just becomes more expensive to your customers, if you change tax. Well, if you are actually capturing your overhead costs in your pricing, then you will find that is not true. Please read the link.