The Complete ITC Guide for Canadian Small Businesses

What Are Input Tax Credits?

Input Tax Credits (ITCs) allow GST/HST registrants to recover the tax paid on business expenses. Understanding how to properly claim ITCs can save your business thousands each year.

Eligible Expenses

Most business expenses that include GST/HST are eligible for ITCs, including office supplies, professional services, and equipment purchases. However, certain expenses like personal-use items and entertainment are restricted.

Documentation Requirements

The CRA requires specific information on receipts to support ITC claims. For purchases under $30, a simple receipt suffices. For $30-$150, you need the supplier's GST/HST number. For purchases over $150, full documentation including buyer details is required.

How MapleExpense Helps

MapleExpense automatically scans your receipts, extracts GST/HST amounts, validates supplier registration numbers, and categorizes expenses for ITC claims — saving hours of manual bookkeeping.