In the app today
Tax-ready all year, free
- Invoices without tax lines while you are a small supplier
- A warning as your sales near $30,000, and a nudge to register
- Add your GST/HST number the day you register, numbering carries on
- Snap receipts for software, gear and home office costs
- A running set-aside number for income tax and CPP
- Export everything any time, in one download
What usually goes wrong
Invoices built in a word processor
Numbers get reused and totals get typed by hand. Here, issued invoices are numbered for you and kept exactly as sent.
Unsure whether to charge tax yet
Until you are registered, you invoice without tax. CollabNorth counts your sales over four calendar quarters and tells you when you are getting close to $30,000.
Spending the tax money
Freelance payments arrive with no tax taken off. Home shows how much to keep aside so it is there in April.
The tax reality for freelancers
While your taxable sales stay at or under $30,000 over four calendar quarters, you can generally stay a small supplier and invoice without GST/HST.
You can't charge GST/HST before you are registered. If you pass $30,000 in a single quarter, you start charging on the sale that took you over.
Registering early is a real option. It lets you claim back GST/HST on software, equipment and other costs, in exchange for filing returns.
At tax time: the Tax Ready pass
The worksheets are free to try during Early Access. The paid pass will be about $79 for sole proprietors and about $199 for corporations. It is not on sale yet. It gives you:
- A GST/HST worksheet laid out on CRA's return lines
- A T2125 package with your income and expenses by line
- A receipt audit that points out what is missing before you claim
Worksheets and guides only. You file with CRA yourself.
Invoicing that does the tax for you
Common questions
- Can I invoice before I have a GST/HST number?
- Yes. As a small supplier you invoice without tax. Don't charge GST/HST until you are registered and have a number to put on the invoice.
- Is the free plan really free?
- Yes. Invoicing, email delivery, reminders, recurring invoices, expenses with receipt photos, reports and CSV export are free for one owner, with no invoice limit.
- What happens when I cross $30,000?
- You register with CRA, add your GST/HST number in Settings, and new invoices show it with the right tax. Your past invoices stay as they were.
General information to help you keep your own records. It is not accounting, legal or tax advice. Confirm details with the Canada Revenue Agency or your accountant.