Tuesday, October 23, 2007

GST/PST verification and savings - Day 3

1. Verification of tax payments
2. Usually, rebates not claimed – such as purchase of non – taxable services,internet access,quality control testing,out of province usage, bar code labels, production consumables, flight bookings to Quebec, shop tools, repairs and maintenance, taxes and duties on certain membership fees etc
3. Consultant verifies all records
4. Files claims – simple only and none that are complex
5. Pay by results where the consultant gets paid only after you get the refund cheque or make an adjustment to current payment.
6. Usually he shares 30% on the refund
7. They may also find non- payment areas , that can be corrected avoiding interest and penalties later on

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