Completing your Return
Please do not alter any preprinted information.
This form is for your records only.
Line 1 - Total Sales
Enter the total of all taxable and nontaxable sales of goods and services made from Ontario locations and all sales made into Ontario from locations outside Ontario. If no sales, enter 0.
Line 2 - Tax Collectable on Sales
Enter the total retail sales tax you charged your customers. If no tax is due, enter 0.
Line 3 - Tax Payable for Own Use
Enter the amount payable on taxable goods and services used in your business, including those:
- used from your exempt inventory
- manufactured by you for your own use
- brought into Ontario
- purchased tax-exempt in error
Line 4 - Current Penalty
If you file your Return after the Due Date, add 10% of Line 2 and 5% of Line 3.
Line 5 - Compensation
Compensation is only calculated on the amount shown on Line 2 (Tax Collectable on Sales). If Line 2 is:
- $20.00 or less, deduct the whole amount
- $20.01 to $400, deduct $20.00
- 400 or more, deduct 5% of the amount on Line 2
You may deduct a maximum of $1,500 per legal entity for the period from April 1 to March 31.
Line 6 - Total Tax Due
Add Lines 2 plus 3 plus 4 ; minus Line 5.
Line 7 - Payment Amount
Line 6 plus or minus Account Balance.
Payments may be made:
- electronically, using a financial institution's Internet banking services
- in person at your Ontario Financial Institution free of charge
- by mail or in person at any Ministry of Revenue Tax Office.
Make your cheque or money order in Canadian funds payable to the Minister of Finance.
If you have further questions about completing your return, you may contact your nearest Ministry of Revenue Tax Office.
For general inquiries, call the ministry:
- Toll-free: 1 866 ONT-TAXS (1 866 668-8297)
- Teletypewriter (TTY): 1 800 263-7776
Users from outside Canada or the United States may call 905 433-6000. Information officers are available to help you, in English and French, from 8:30 a.m. to 5:00 p.m. (Eastern Standard Time), Monday to Friday.
© Queen's Printer for Ontario, 2007
