Review GST/HST filings (if applicable)

Reviewing GST/HST filings helps businesses avoid CRA penalties, correct errors, and maximize input tax credits. Learn why it matters with Tiki Tax.

12/28/20251 min read

Review GST/HST Filings (If Applicable)

Why Regular GST/HST Review Is Essential for Canadian Businesses

If your business is registered for GST/HST, reviewing your filings regularly is a critical step in staying compliant with the Canada Revenue Agency (CRA). Errors or missed filings can result in penalties, interest, cash flow issues, or audits.

At Tiki Tax, we help businesses review and correct GST/HST filings to ensure accuracy and minimize CRA risk.

What Does Reviewing GST/HST Filings Mean?

Reviewing GST/HST filings involves verifying that:

Sales and taxable revenue are reported correctly
GST/HST collected matches your records
Input Tax Credits (ITCs) are accurate and supported
Filing periods and payment deadlines are met

CRA closely monitors GST/HST accounts, making accuracy essential.

Who Should Review Their GST/HST Filings?

You should review your GST/HST filings if you are:

A small business or corporation
Self-employed or a freelancer
A contractor charging GST/HST
Registered for GST/HST voluntarily or mandatorily

📌 Even small errors can compound over time.

Why Reviewing GST/HST Filings Is Important

✔️ Prevent CRA penalties and interest
✔️ Ensure correct ITC claims
✔️ Improve cash flow accuracy
✔️ Identify errors before CRA does
✔️ Reduce audit and review risk

Failing to review GST/HST filings may lead to:

Underpaid or overpaid tax
CRA reassessments
Time-consuming corrections

Common GST/HST Filing Errors

❌ Incorrect tax rates (especially across provinces)
❌ Missing taxable sales
❌ Claiming ineligible ITCs
❌ Late or missed filings
❌ Poor documentation

These issues often trigger CRA reviews.

When Should You Review GST/HST Filings?

Before submitting each return
At year-end tax preparation
When CRA issues a notice or query
After business changes (new services, provinces, structure)

Regular reviews help prevent problems from escalating.

How Tiki Tax Helps with GST/HST Reviews

✔️ Reconcile GST/HST with bookkeeping records
✔️ Verify taxable vs. zero-rated supplies
✔️ Review ITC eligibility and documentation
✔️ Correct past GST/HST errors
✔️ Communicate with CRA on your behalf

We support businesses across multiple industries and provinces.