What is the Quick Method remittance rate in Nunavut?

Nunavut uses GST. Under CRA's Quick Method election (RC4058), service businesses in Nunavut remit 3.6% of tax-included revenue to CRA, and goods/retail businesses remit 1.8%.

How do I elect the GST Quick Method in Nunavut?

File Form GST74 with CRA before the first day of the reporting period you want Quick Method to apply to. You can file online through My Business Account at canada.ca. Once elected, you must remain on Quick Method for at least one full fiscal year. This process is the same regardless of province.

Who cannot use the Quick Method in Nunavut?

Accountants, bookkeepers, lawyers, notaries, financial advisors, and actuaries are ineligible for the Quick Method in all provinces including Nunavut. Most other sole proprietors and small businesses with annual taxable revenue under $400,000 qualify.

Is the Quick Method worth it for Nunavut freelancers?

For Nunavut service businesses, Quick Method is typically worth it when your annual GST/HST-eligible business expenses are modest. You remit 3.6% of tax-included revenue instead of tracking ITCs. Use the calculator above to find your exact breakeven ITC — if your actual ITC claims are below that amount, Quick Method saves money.

GST only · 5%

Nunavut GST/HST Remittance Calculator

Quick Method vs. Regular GST only — which saves you more in Nunavut? Enter your revenue and expenses to find out.

Nunavut Quick Method Rates — CRA RC4058

QM applies to

5% GST

Services rate

3.6%

of tax-included revenue

Goods / Retail rate

1.8%

of tax-included revenue

⚠Nunavut contractors invoicing federal departments or Crown corporations must still charge GST — government clients are not GST-exempt.

⚠Most remote living costs in Nunavut (housing, food, transport) are not ITC-eligible. This limits ITC claims and often makes the Quick Method the better option for contractors here.

Your Details

Province / Territory

Revenue this period (before tax)

What you invoiced or earned, not including the tax you charged on top.

GST/HST paid on business expenses

Total GST/HST on your business receipts — subscriptions, supplies, equipment. Used for Regular Method ITC calculation.

Business type

Services — consulting, freelancing, coaching, virtual workGoods / Retail — reselling, handmade products (inventory ≥ 40% of costs)

Not sure? If most of what you do is a service, pick Services.

Apply the 1% annual credit— CRA lets Quick Method filers deduct 1% of the first $30,000 of tax-included revenue each fiscal year (up to $300). Uncheck if you've already used it this year.

Fill in your details above to see the side-by-side comparison

Quick Method for Nunavut sole proprietors

Nunavut has no territorial sales tax — sole proprietors collect and remit 5% federal GST only. A large share of Nunavut's sole-proprietor economy involves contracting to federal or territorial government departments, where invoices can be substantial but business expenses are often concentrated in non-ITC-eligible categories like remote travel, housing, and subsistence. The Quick Method's flat 3.6% rate on tax-included service revenue frequently outperforms the Regular Method in this environment. For a government contractor in Iqaluit billing $80,000 per year, the Quick Method can save over $1,000 annually compared to filing with minimal ITCs.

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.

CRA RC4058 — Quick Method of Accounting for GST/HST ↗

Related tools for Nunavut

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Nunavut $30K Threshold Predictor

Find out when you need to register for GST only

📖

Quick Method vs Regular — Full Guide

In-depth comparison with examples for Canadian sole proprietors

Other provinces

Newfoundland & Labrador

Northwest Territories

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 free

This 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.