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Dear Mr Allan
Can I claim 1% credit on first $30000 ($300) even if my sales is $8000 for HST quick method or is it pro rate basis ($8000 x 1% = $80)
Hi Tito, the 1% credit will only apply to the sales that you have made up to $30,000. For example, if your sales are $8,000, then you will receive a credit of $80 (1% x $8,000).
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