A registered charity in a non-participating province has a used clothing store. Revenues from the store for
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Question:
A registered charity in a non-participating province has a used clothing store. Revenues from the store for the year total $40,000. Which of the following statements is correct?
| The charity will have to collect GST on their clothing sales on revenues greater than a $30,000 small supplier exemption. |
| The charity will not have to collect any GST on their clothing sales. |
| The charity cannot claim input tax credits. |
| The charity will have to collect GST on all of their clothing sales. |
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