airbnb and hst collection and remittance

Ron-And-Jennifer0
Level 2
Greater Sudbury, Canada

airbnb and hst collection and remittance

my accountant took my 2021 earnings from what i received from guests i hosted and added hst for my year end income tax.  what does everyone else do.

3 Replies 3
M199
Level 10
South Bruce Peninsula, Canada

@Ron-And-Jennifer0 

 

CRA has very specific rules about Rental Income and GST/HST. To confirm what was reported by your accountant, ask him/her to explain.  You can then search the CRA website for both subjects. CRA puts out very detailed publications of the laws.

ok, thanks for the info. 

 

Dave264
Level 3
Victoria, Canada

not sure why he is doing that! Airbnb collects HST on our behalf and submits themselves. That would mean government is collecting twice on your bookings.