Tag: taxes

  • What is a Harmonized System Code (HS Code) and why it matters to an Artisan?

    What is a Harmonized System Code (HS Code) and why it matters to an Artisan?

    Table of Contents Introduction Harmonized System Code, or HS Code (sometimes called Commodity Code or Tariff Number), is a globally recognized alphanumeric code assigned to products. This code systematically categorizes goods for international trade, facilitating smooth commerce between countries. For artisans, understanding the HS Code is crucial. It simplifies the complex world of international trade…

  • Understanding GST/HST Requirements for Artisans: A Guide for Small Business Owners

    Understanding GST/HST Requirements for Artisans: A Guide for Small Business Owners

    Table of Contents Introduction: Navigating GST/HST for Artisans Embarking on your artisanal journey, the creative path converges with the practical realm of taxes, where the acronyms GST/HST (Goods and Services Tax and Harmonized Sales Tax, respectively) take center stage. Far from mere bureaucratic jargon, these two critical elements intricately shape the landscape of your business.…