GST HST Input Tax Credits Canada Biggest Mistakes to Avoid

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This video explains GST HST input tax credits (ITC) in Canada and highlights common mistakes small business owners make when claiming expenses. Learn which expenses are not eligible for GST HST refunds, including insurance premiums, car loan interest, bank fees and personal expenses.

If GST HST was not charged on an expense, you cannot claim it as an input tax credit. This is one of the most common GST HST filing mistakes in Canada that can lead to CRA adjustments or denied claims.

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