GST/HST Quick Method Calculator
If your business has low overhead (like consulting, writing, IT), the CRA's Quick Method usually lets you legally keep a portion of the sales tax you collect.
$
$
How much sales tax you paid on software, supplies, etc.
Tax Remittance Owed
$0
Regular Method (Higher is Worse)
$0
Quick Method Remittance
$0
Extra Money You Keep Under Quick Method
With the **Quick Method**, you charge your clients the normal 13% or 15%, but you only remit a smaller percentage (like 8.8%) to the CRA. You keep the difference, but give up the ability to claim ITCs on most regular expenses.