Registering for GST/HST as a small business in Yukon
When a small business in Yukon must register for GST/HST, and how provincial tax registration fits in.
Key facts
| Place | Yukon |
|---|---|
| Sales tax | Combined sales tax |
| Standard rate on file | 5% |
| Multiply net price by | 1.05 |
| Tax share of a gross price | 4.76% |
| Currency | CAD |
The small supplier threshold
Businesses with taxable sales over $30,000 in four consecutive calendar quarters generally must register for GST/HST. Below that you can register voluntarily, which lets you claim input tax credits.
Worked example
Here is the calculation with sample figures. Change any number in the Yukon Sales Tax Calculator to run your own.
| Price | CA$100.00 |
| Tax rate (%) | 5% |
| Tax | CA$5.00 |
|---|---|
| Price incl. tax | CA$105.00 |
Provincial registration
In provinces with a separate PST or QST, provincial registration has its own rules and thresholds.
Quick reference at 5%
Common amounts in Yukon, worked both ways: adding tax to a net price, and extracting it from a price that already includes tax.
| Amount | Tax on net amount | Gross (net + tax) | Net if amount includes tax |
|---|---|---|---|
| CA$10.00 | CA$0.50 | CA$10.50 | CA$9.52 |
| CA$50.00 | CA$2.50 | CA$52.50 | CA$47.62 |
| CA$100.00 | CA$5.00 | CA$105.00 | CA$95.24 |
| CA$250.00 | CA$12.50 | CA$262.50 | CA$238.10 |
| CA$500.00 | CA$25.00 | CA$525.00 | CA$476.19 |
| CA$1,000.00 | CA$50.00 | CA$1,050.00 | CA$952.38 |
| CA$5,000.00 | CA$250.00 | CA$5,250.00 | CA$4,761.90 |
How Yukon compares
Standard rates on file for other provinces and territories. A difference of a few points matters most on high-value purchases and on cross-border sales.
| Place | Rate on file | Compared with 5% |
|---|---|---|
| Prince Edward Island | 15% | higher |
| Quebec | 14.975% | higher |
| Saskatchewan | 11% | higher |
Using the calculator step by step
- Open the Yukon Sales Tax Calculator.
- Type your figures into the numbered lines. Results update as you type.
- Check the rate field. It starts at 5%; change it if a reduced rate, local surcharge or exemption applies to you.
- Read the result on the receipt panel, and use the formula shown under it if you need to explain the figure to a client or colleague.
Key terms
- Effective rate
- Total tax divided by total income, the average rate you actually pay.
- Net amount
- The amount before tax is added. On an invoice it is the figure the tax is calculated on.
- Exempt supply
- A sale that falls outside the tax entirely. No tax is charged and input tax usually cannot be reclaimed.
- Withholding
- Tax deducted at source, by an employer or payer, before the money reaches you.
- Reduced rate
- A lower rate that applies to specific categories, often essentials such as food, medicine or books.
Common mistakes to avoid
- Missing the registration deadline after crossing $30,000.
- Forgetting provincial registration.
Run your own numbers. The Yukon Sales Tax Calculator updates as you type and shows the formula it uses.
Frequently asked questions
When must I register for GST/HST?
Generally once taxable sales exceed $30,000 in four consecutive quarters.
Should I register voluntarily?
It can make sense if you have significant input tax credits to claim.
This article is general information for planning, not tax advice. Rates and rules change; confirm with your tax authority or a qualified adviser.