Posted by Rod in Smiths Falls, on March 14, 2008 at 20:10:58 from (209.71.222.43):
I'm new at filing farm taxes. The software, Quiktax Unincorporated Business, seems reasonable and I can understand most of it. What throws me, though, is G.S.T. recovery. I keep hearing the phrase, "You get it back later," but I can't figure out how. I found one form (GST 370) for an employee of a business to claim it, but that's the only one.
The other thing is finding out how to buy untaxed diesel in relatively small quantities. I kept all of my receipts from the service station where I bought it, but I can't find a way to make a claim for the taxes.
With the kind of revenue my outfit produces, hiring an accountant would put me out of business, so I need to learn how to do this by myself.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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