GST and QST Instalments
As a rule, you must remit the GST in four quarterly instalments if:
- you file your returns annually;
- the net amount of GST you expect to pay for the current year is $3,000 or more; and
- the net amount of GST you paid for the previous year is $3,000 or more.
The same rule applies to the QST.
To make your payments, you must complete the copy of form FPZ-558-V, GST/HST and QST Instalments, that we send you.
The $3,000 limit refers to the total net tax payable by the business. If the business has branches or divisions that file separate returns, the limit refers to the total net tax payable by the business as a whole, including the tax collected by its branches and divisions.
As the QST rate (9.975%) is higher than the GST rate (5%), you may be required to make QST instalments even if you do not have to make GST instalments. Contact us if this situation applies to you.
You can use the return you file at the end of your fiscal year to calculate the net amount of GST and QST you actually owe (or the refund you may claim) and to adjust your future quarterly instalments as required.
You can also use one of the following forms to calculate the amount of your instalment payments:
- Calculation of Instalments – QST (VDZ-458.0.2-V)
- Calculation of Instalments - GST/HST and QST (FPZ-558.C-V)
You must make your payment within a month after the last day of each quarter of your fiscal year.
You can make your instalments in any of the following ways:
- using the online payment service of a financial institution (if you file a separate return for the GST or the QST, you must use the payment code shown on your remittance slip);
- in person at a financial institution;
- by mail (return the remittance slip of form FPZ-558-V, GST/HST and QST Instalments, in the envelope provided, along with a cheque or money order).
The date of receipt of a payment is the date on which the financial institution or Revenu Québec receives it.
Use the View Payments online service to view information about your remittances and payments. For statements of account, use the View a Statement of Account service. Both services are available in My Account for businesses.