Most people know that, under the GST/HST, a “small supplier” with sales under $30,000 per year does not need to charge GST/HST on their sales. However, the rule is not that simple. ... You must charge GST/HST on all your sales (unless they are exempt or “zero-rated”).

What happens if I dont pay HST?

Failure will result in a 1% penalty of the amount owing, as well as 25% of that 1% multiplied by the number of months the return is overdue. Yikes! If you haven't filed, you'll receive a Demand to File, along with a $250 penalty if you don't follow through with a return.

Do you pay HST on everything?

Businesses that sell products or services in Canada must charge GST or HST, unless they qualify as an exception. As a business owner, it is therefore important to understand the exceptions as well as the requirements for charging, collecting, and remitting GST/HST for any sold products or services in your province.