What is Form GST370?
Form GST370, the Employee and Partner GST/HST Rebate Application, is designed for employees and partners to reclaim refunds on the Goods and Services Tax (GST) and Harmonized Sales Tax (HST) paid for eligible expenses. These expenses can include office supplies, travel, meals, and entertainment. By filing this form, individuals can recover taxes they've already incurred, which can help lower their overall tax burden. It’s crucial for those eligible to fill out this form to avoid overpaying their income tax.
What is Form GST370 used for?
Form GST370 is important for claiming back certain taxes. Here’s what it’s used for:
- Recover GST/HST on eligible expenses: Claim rebates for taxes paid on items like office supplies, travel, meals, and entertainment.
- Combine employee and partner expenses: Submit one form for both employee and partner claims.
- Separate GST and HST: Report eligible expenses for GST and HST individually.
- File annually: Submit one application each calendar year.
- Provide identification and certification: Include your details and employer or partnership certification if needed.
How to fill out Form GST370?
- 1
Complete Parts A, B, and D of Form GST370.
- 2
If applicable, have an authorized officer fill out Part C.
- 3
Enter your work-related expenses in tax software before completing the GST370 page.
- 4
Use one application form for each calendar year, combining employee and partner expenses if needed.
- 5
Ensure all information is accurate, including the tax year of claim and business number.
Who is required to fill out Form GST370 ?
Employees and partners who are individuals are responsible for completing Form GST370, including Parts A, B, and D. An authorized officer of the employer or partnership may need to fill out Part C if applicable.
Individuals using this form can recover the GST/HST paid on eligible work-related expenses. They are limited to one rebate application per calendar year and must consolidate expenses if claiming for both employee and partner costs.
When is Form GST370 not required?
You don’t need to fill out Form GST370 if your employer is a listed financial institution, such as a bank, insurance company, or credit union. Also, if you're claiming a rebate for expenses related to an allowance not included in your income as a taxable benefit due to it being a reasonable allowance, you can skip this form.
When is Form GST370 due?
The deadline for Form GST370 is the filing deadline for the calendar year in which you incurred eligible expenses. This usually coincides with the income tax return filing date for that year. Remember, you can only submit one rebate application per calendar year.
How to get a blank Form GST370?
To get a blank Form GST370, simply visit our website, where you’ll find the form pre-loaded in our editor. This allows you to fill it out and download it. Remember, our platform aids in filling and downloading but not filing forms with the CRA.
Do you need to sign Form GST370 ?
No, you do not need to sign Form GST370. To complete the form, ensure you fill out parts A, B, and D, while your employer completes Part C if applicable. Once finished, attach the completed form to your income tax and benefit return, entering the claim amount on line 45700. For the most accurate information, checking the latest updates is always a good idea. Use PDF Guru to fill out the form and download it for your records.
Where to file Form GST370?
To submit Form GST370, mail it directly to the Canada Revenue Agency (CRA). Make sure to check the CRA website for the latest submission address.
Remember, this form cannot be filed online. Always verify the details on the CRA website before sending your application to ensure accuracy.
