How is the GST payable/receivable calculated? What is the ‘quick method’ and when might it be relevant?

Sam Newton; Wahaj Awan

GST

70 How is the GST payable/receivable calculated? What is the ‘quick method’ and when might it be relevant?

NOTE: FOR GST WE RELY ON AND USE RC4022. RC4022 is a CRA guide on GST and should be used to help answer any of the GST interactive content in this textbook

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October 2024

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Introductory Canadian Tax - 2nd Edition Copyright © 2025 by Sam Newton and Wahaj Awan is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

70 How is the GST payable/receivable calculated? What is the ‘quick method’ and when might it be relevant?

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