If you purchase items for equipment,
trips, or rental expenses it will be worth the effort but if all you
purchase are things from Girl Guide Stores and groceries the amount
may be very small
You do not have to file each year
but can accumulate expenses over four years
Even if you do not anticipate claiming
it is a good idea to keep track of GST in case you have a major qualifying
expense in the next four years
Financial Training
GST
You
can reclaim 50% of GST by filing a GST Rebate Claim Form - each province
has their own form and a copy is available from most Area offices and
Provincial offices ( see sample form 5-4 in the manual)
You
must have an original receipt which identifies the amount of GST paid
and the GST number of the vendor (make sure you run a photocopy for
your books)
Purchases
from Girl Guides of Canada stores are not eligible, but all other GST
qualifies
Track
GST by allocating the amount for each expenditure in the GST column,
with the remainder in the expense column