Tax rule Canada
Input tax credits: what a receipt must show from $100
What a receipt must show from a total sale of $100 to support an input tax credit, as the CRA sets it out, and how Bilbx marks your receipts against it.
Total sale from which the GST/HST and registration number are needed
$100
Checked against the CRA's own pages on . This is the figure Bilbx uses.
The rule
Suppliers have to show specific information on the invoices, receipts and other papers they give a GST/HST registrant, who needs it to support their input tax credit claims.
What the CRA says
“Suppliers have to provide specific information on the invoices, receipts, contracts, or other business papers that they use when they supply taxable property and services to a GST/HST registrant purchaser.”
“The purchaser needs this information to support their claims for ITCs or rebates for the GST/HST they were charged.”
For a total sale under $100, the records need the supplier's business or trading name, the invoice date and the total amount paid or payable.
What the CRA says
“Total sale under $100”
“Supplier's business or trading name, or an intermediary's”
“The invoice date or, if no invoice issued, the date on which the GST/HST is paid or payable”
“The total amount paid or payable”
For a total sale of $100 or more, the records must also show the GST/HST charged, or that the price includes it, the supplier's GST/HST registration number, and, where an invoice has both taxable and exempt supplies, the status of each.
What the CRA says
“Total sale of $100 to $499.99”
“An indication of the total amount of GST/HST charged or that the amount paid or payable for each taxable supply (other than zero-rated supplies) includes the GST/HST at the applicable rate”
“The supplier or intermediary's GST/HST registration number”
“An indication of the status of each supply where the invoice includes both taxable and exempt supplies”
For a total sale of $500 or more, the buyer's name, a brief description of the property or services and the terms of payment are needed as well.
What the CRA says
“Total sale of $500 or more”
“The buyer's name or trading name or the name of the buyer's authorized agent or representative”
“A brief description of the property or services”
“The terms of payment”
How Bilbx applies it
- Bilbx reads the supplier's GST/HST number and the sales tax printed on each receipt you scan.
- In the export from Tax Lab, part of Bilbx Premium, the "Sales tax evidence" column marks each claimed receipt: "Sales tax captured" when it shows sales tax, "Small purchase" when it shows none and is under $100, and "Sales tax not captured" when it shows none and is for $100 or more.
- The column shows what Bilbx read on each receipt: above the line, "Sales tax not captured" is a prompt to look at the receipt again.
Worked examples
Bilbx's own tests run these exact cases against the website and the app.
$99.99 · Sales tax not shown
- What the CRA asks for:
- The supplier's name, the date and the total
- Bilbx's export says:
- Small purchase
$100 · Sales tax not shown
- What the CRA asks for:
- The GST/HST details and the supplier's registration number as well
- Bilbx's export says:
- Sales tax not captured
$113 · Sales tax shown
- What the CRA asks for:
- The GST/HST details and the supplier's registration number as well
- Bilbx's export says:
- Sales tax captured
Check a receipt
Enter a receipt to see what Bilbx does with it under Canada's rules. It is worked out in your browser by the same code the app runs, and nothing you enter is sent or stored.
Enter a date and a total to see the answers.
Sources
Spotted something that doesn't match the CRA's guidance?
Every sentence in the rule is checked against the CRA's own guidance, quoted beneath it and linked above. Last checked . Rules version 60f9162250af. Terms.
More for Canada: every tax rule Bilbx applies and guides on receipts and tax records.