Northwest Territories GST/HST Remittance Calculator
Quick Method vs. Regular GST only — which saves you more in Northwest Territories? Enter your revenue and expenses to find out.
Northwest Territories Quick Method Rates — CRA RC4058
Your Details
What you invoiced or earned, not including the tax you charged on top.
Total GST/HST on your business receipts — subscriptions, supplies, equipment. Used for Regular Method ITC calculation.
Not sure? If most of what you do is a service, pick Services.
Fill in your details above to see the side-by-side comparison
Quick Method for Northwest Territories sole proprietors
The Northwest Territories has no territorial sales tax, so federal GST at 5% is your only remittance obligation as a sole proprietor. Yellowknife has a significant professional contractor and trades workforce — particularly in mining, government services, and IT — and many NWT sole proprietors invoice clients across provincial lines. Because NWT business costs often include substantial non-taxable expenses (remote living, travel, housing), actual ITCs tend to be lower relative to revenue. That makes the Quick Method — which ignores expenses entirely and just remits 3.6% of tax-included service revenue — a frequent fit for contractors here.
To elect the Quick Method: file Form GST74 with CRA before the first day of the reporting period you want it to apply to. Once elected, you must stay on Quick Method for at least one full fiscal year before switching back.
Who can't use Quick Method: accountants, bookkeepers, lawyers, notaries, financial advisors, and actuaries are ineligible in all provinces. Most other sole proprietors with annual taxable revenue under $400,000 qualify.
NorthOS tracks this automatically
Connect your bank or upload receipts and NorthOS calculates your GST only remittance each quarter — Quick Method or Regular — so you always know what to send CRA.
Try NorthOS freeThis calculator is for informational purposes only and does not constitute tax advice. Rates are based on CRA's published Quick Method remittance rates (RC4058). Always verify current rates with CRA or a qualified tax professional before filing.