If you handle the accounting for a business in Saskatchewan, the province’s electronic tax service can help make your job easier. This system allows you to take care of a huge range of tasks online.
With this service, you can file provincial sales tax returns as well as returns related to taxes on liquor, fuel, and tobacco. You can also submit returns for the beverage container program, the corporation capital tax, the education property tax, the insurance premium tax, and multiple other provincial programs. On top of that, you can take care of a number of issues related to the International Fuel Tax Agreement such as remitting quarterly fuel consumption reports and ordering decals for vehicles registered under this program.
You don’t have to register to submit provincial tax returns online through this service. The tax return your client receives in the mail should have an e-file code printed at the top, and that’s all you need to file online. Using the service is free, and if your client owes taxes, you can send in a cheque, initiate a wire transfer, or use your client’s internet banking service. Alternatively, your client can request a username and password from Saskatchewan Finance by completing an online application form. This gives your client level 2 service, which means it can check its account information online. To make payments or to authorize you to use the service, your client needs to mail in a registration form and request level 3 service.
The right accounting software tends to make this process easier. The software helps track numbers related to revenue, taxes collected, and multiple other aspects of a business. Then, when it’s time to file online, you can simply grab the necessary information from the accounting software and enter the relevant details into Saskatchewan’s electronic service.