Be HST Ready (Ontario | BC)

For our travel agency customers in BC and Ontario, the HST (combined GST and PST) will become a reality from July 1, 2010, which will affect the tax on commission (for travel services that are not zero-rated). Unfortunately, this will mean that agents will now need to be ‘tax specialists’ as well as ‘travel specialists’ when booking and pricing travel. While there is some information available online, it is very confusing. The following are some external sites we found that … Continue reading

Recording and Reconciling

Managing your trust bank account can be complex, especially with such large volumes of invoices to keep track of, so a lot of business owner askĀ themselves how to manage a business. Which is what makes the Merang TravelOffice such a useful tool for travel companies as it keeps track of and helps you control the cash flowing into and out of trust. Setting up and using a Trust Bank Account for your business is always a good idea (even if … Continue reading