GST Input Tax Credit: What It Is and How to Claim It

Businesses can claim back GST on purchases made for business purposes through the input tax credit. Here’s how it works.

What is an Input Tax Credit?

The input tax credit allows businesses to reclaim GST paid on business expenses, reducing the total GST owed.

How to Claim

Keep all GST invoices and track GST paid on eligible purchases. Report these credits when filing your GST return.