Why you need a receipt for your renovations
A receipt confirms that the contractor collects GST and QST.
Once remitted to the government, these taxes fund the public services and programs that we all use.
Peace of mind in four easy steps
Get a receipt every time you pay for a service.
Make sure your contractor has a licence from the Régie du bâtiment du Québec. It’s the best way to ensure quality work and fewer headaches.
Sign a contract. They usually have the contractor’s GST/HST and QST registration numbers on them.
Pay by cheque or by credit or debit card so you have a record of your payment.
Benefits of getting a renovation receipt
Keep all your renovation receipts. That way you have options if something goes wrong.
It’s a good tax practice to get a receipt since it promotes healthy competition between businesses. And that leads to better products and customer service.
When should you ask for a receipt?
Every time! Whether it’s for big or small renovations or even maintenance work, get a receipt.
Examples:
- New windows
- Redoing the kitchen
- Renovating the bathroom
- Landscaping
- Painting
- Roofing
- Plumbing
Sales tax and income tax. How do they work?
Sales tax and income tax provide funding for public services and social programs. Learn more here.
Taxi, Uber, Limousine: get a receipt!
Taking a taxi, calling an Uber or renting a limousine? Get a receipt!
No matter how long your trip is, the driver has to give you a paper or electronic receipt. Read on for everything you need to know.
You have to report your cryptocurrency transactions.
Cryptocurrency can be used in multiple ways. But however you use it, you have to report your gains and losses.