Changes to Input Tax Credit Documentation Requirements Under GST/HST Regulations

• Changes to documentary requirements for claiming input tax credits
• GST/HST registrants must provide specific information on invoices, receipts, contracts, or other documentation
• Required information includes supplier’s name, invoice date, total amount paid, GST/HST charged, status of supply, registration number, buyer’s name, description of property/services, terms of payment
• Thresholds for required information changed from $30 and $150 to $100 and $500
• Legislative changes effective April 20, 2021
• Without required information, Canada Revenue Agency may deny purchasers’ claims

Source: canada.ca

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---