REG-09 — Quick method

Current — Verified against the live source. Safe to cite.

Quick method: eligibility is $400,000 in worldwide taxable supplies including associates. 1% credit on the first $30,000 of eligible supplies each fiscal year. Bookkeeping, accounting, financial consulting, tax consulting, tax return preparation, legal and actuarial services are excluded — BOS itself cannot use it. Election on Form GST74

Sources

RC4058 (primary) · local copy

Record

Anchor ID: REG-09 (permanent)
Jurisdiction: FED
Section: 2.1 GST/HST registration, filing and reporting periods
Verified: 2026-08-27 — by a person, against the source
Review cycle: legislative

Changes mentioning REG-09

Date Change

28 Aug 2026

Date	Change
28 Aug 2026	Mirroring complete — all 34 non-guide sources now held in `Sources/` with provenance front-matter and descriptive filenames. Confirmed against source: RC4110 cancelled 2026-01-30 (exact wording on the record page); REG-09's Quick Method exclusion list verbatim, so BOS itself cannot elect it; REC-01's six-year rule, which runs from the end of the last tax year the records relate to; T4117 unrevised since 2020-02-28 (Rev. 19); the 8-4 ban (11×$30, 8×$150, 0×$500); 17-1 reproduces neither (l) nor (n)–(t); TIM-05's agency rule and CRA's rejection of mere labelling. Corrected: the "public purpose" phrase does not appear in 18-4 and 23 June 2022 is a publication-record date, not an in-document one. Closed: the NPO-05 worksheet gap, resolved by RC4034 Rev. 25

Mirroring complete — all 34 non-guide sources now held in Sources/ with provenance front-matter and descriptive filenames. Confirmed against source: RC4110 cancelled 2026-01-30 (exact wording on the record page); REG-09's Quick Method exclusion list verbatim, so BOS itself cannot elect it; REC-01's six-year rule, which runs from the end of the last tax year the records relate to; T4117 unrevised since 2020-02-28 (Rev. 19); the 8-4 ban (11×$30, 8×$150, 0×$500); 17-1 reproduces neither (l) nor (n)–(t); TIM-05's agency rule and CRA's rejection of mere labelling. Corrected: the "public purpose" phrase does not appear in 18-4 and 23 June 2022 is a publication-record date, not an in-document one. Closed: the NPO-05 worksheet gap, resolved by RC4034 Rev. 25

The full changelog