Every sale adds the HST you collected; every expense adds a credit. When it's time to file, the math is already done — collected, claimed, and netted, ready to hand to the CRA.
No scramble at filing time — every line is already adding up in the background.
Every invoice and payment adds the HST you collected. Every business expense adds an Input Tax Credit. Your return builds itself in real time — nothing to reconstruct later.
Real-time, all yearAnnual, quarterly, or monthly — choose whatever the CRA assigned you and LQID totals every line for that period automatically.
Annual, quarterly or monthlyHST collected minus your credits equals what you owe — or your refund, if your credits come out higher. The GST34 lines are filled in for you.
Collected − ITCs = netExport a GST34-ready summary or PDF — file it with the CRA yourself, or hand it straight to your accountant. No spreadsheet gymnastics.
GST34-ready exportExport everything anytime, in formats any accountant or other software can read. No lock-in — stored in Canada.
All 13 provinces and territories, kept current with CRA rates.
LQID prepares your return as an estimate — always verify with your accountant before you file.
It's the GST/HST you paid on business expenses, which you subtract from the HST you collected — lowering the net amount you owe the CRA.
Annual, quarterly, and monthly — set it to match whatever filing frequency the CRA assigned you.
No — LQID prepares a GST34-ready summary that you, or your accountant, file with the CRA. It's an estimate to guide you, not a filing.
Then you're owed a refund — LQID shows the net as a credit in your favour rather than an amount to remit.