Are you running a chess business in Canada?

[Larry Bevand]

If so, the law requires:

• HST - Any business that generates more than $30,000 in annual taxable sales has to register for HST.
• Tournament entry fees are subject to HST..in case you were not aware.

Larry

[Vlad Drkulec]

The threshold for non-profits is $50,000 in annual taxable sales.

Supervised instructional classes or activities involving athletics, outdoor recreation, music, dance, crafts, arts, hobbies or other
recreational activities are exempt if:
– You provide them primarily to children 14 years of age or under and it does not involve overnight supervision throughout a large part of the
program;

If 50% + 1 of your children are 14 years of age or under then that meets the definition of primarily according to Revenue Canada officials that I spoke to.

– RC4081 – GST/HST Information for Non-Profit Organizations

[Corinna Wan]

"Supervised instructional classes or activities involving athletics, outdoor recreation, music, dance, crafts, arts, hobbies or other
recreational activities are exempt if:
– You provide them primarily to children 14 years of age or under and it does not involve overnight supervision throughout a large part of the
program;"

Hi Vlad, the above is for not-for-profit organizations, right?

[Vlad Drkulec]

"Supervised instructional classes or activities involving athletics, outdoor recreation, music, dance, crafts, arts, hobbies or other
recreational activities are exempt if:
– You provide them primarily to children 14 years of age or under and it does not involve overnight supervision throughout a large part of the
program;"

Hi Vlad, the above is for not-for-profit organizations, right?

That is correct. I was quoting from a government publication aimed at non-profits.