As a podcaster, it's your responsibility to stay informed about and comply with your country's tax laws. The following information is intended to assist you in preparing for the upcoming changes to Acast's invoicing process and is current as of February 2025.
Key Details:
Local Entity: The local entity in your market is Acast Stories Canada Inc. Please include these details on all invoices.
Invoicing Address: Send all invoices to podinvoice@acast.com. This will automatically enter your invoices into our system.
Goods and Services Tax (GST) Guidance:
Acast Stories Canada Inc. accepts invoices from both businesses and private individuals. We will include GST on your payouts when you indicate that we should via the Tipalti portal. It is your responsibility to determine if you are required to register for GST. Acast is not obligated to make this determination.
Some additional GST registration information:
Suppliers (businesses or sole proprietors) must charge GST if their taxable supplies exceed CAD 30,000 per quarter. Even if you do not exceed this threshold, you may choose to register voluntarily. Please note that GST rates vary by province.
To register for GST in Canada, follow these steps:
Obtain a Business Number (BN) and Register for GST/HST: Register for a business number (BN) with the Canada Revenue Agency (CRA) using Business Registration Online (BRO). During this process, you can also register for any CRA program accounts, including GST/HST. Access BRO here.
Provincial Registration: Register in each province where you are required to remit GST.
Information for Private Individuals:
In Canada, private individuals can operate as sole proprietors without formally registering a business. You can invoice the Acast entity in Canada as a sole proprietor. For more information about the rules for sole proprietors, please read here.
Disclaimer: This guidance is for informational purposes only and should not be considered tax advice. Please consult with a qualified tax professional for personalised advice on your GST obligations.