How to set up Canadian taxes in your Shopify store in 2024

If you own a Shopify store based in Canada, you’ll need to understand when to charge Federal and Provincial taxes. The simplest rule for when to charge Canadian sales tax or not is whether your Shopify store is GST/HST registered. Many businesses in Canada start as unregistered and the state classifies them as a small supplier. Canadian businesses are required to register for a GST/HST number when they surpass a minimum threshold of CAD $30,000 within a calendar quarter. Let’s dive in and figure out all the tax rules that apply to Shopify stores operating out of the Great White North. For more information, check out our GST/HST guide for Shopify stores in Canada: https://go.sufio.com/canda-gst-hst Learn more about GST/HST rates on different types of supplies: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/charge-collect-type-supply.html#examplezer Sufio is the leading invoicing app for Shopify merchants worldwide, including the UK. Our powerful and automated solution makes invoicing easier than ever, leaving you with more time to focus on growing your business. Whether you’re about to launch your first ever store or you’ve already made it a household name, you can count on Sufio’s customer success team to help you configure both your invoices and taxes with compliance in mind. Start your 14-day free trial today to experience the peace of mind automated invoicing provides: apps.shopify.com/sufio?ref=YouTube_cctnhXeXOu0 ⚠️ While we’re happy to make educational videos about setting up Shopify taxes, we encourage you to speak to a local tax authority regarding your tax duties. –––––––––––––––––––––––––––––––––––––––––––– Here's what we'll cover in this video: 0:00 — Introduction 0:14 — GST/HST in Canada 0:51 — Not GST/HST registered 1:17 — GST/HST registered 1:55 — GST, PST, HST or QST? 2:24 — Selling B2C and B2B 2:54 — Zero-rated, tax exempt goods 3:41 — Digital goods 4:18 — International sales 4:52 — Set up taxes in Shopify store