# REG-09 — Quick method

**Flag: 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): https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4058/quick-method-accounting-gst-hst.html

Jurisdiction: FED · Verified 2026-08-27 · Review: legislative