Input Tax Credits (ITCs)

Charity & Non-profit Organizations (NPO)

June 3, 2025, from 11am–12pm Atlantic
Via Zoom

REGISTER HERE

Did you know that ITC rules for Charites and NPOs are not the same?  

Are you aware that eligibility could be as much as 100% or as little as 0%?

Did you know Charities & NPOs calculate net tax on GST/HST returns differently?  

If you would like to learn more about these issues, you should attend this Canada Revenue Agency (CRA) GST/HST Presentation.  You will hear directly from CRA’s GST/HST Headquarters employee who has 34 years experience working in GST/HST programs. The Presentation will review some of the most important GST/HST issues concerning ITCs to help you better manage your organization’s GST/HST obligations and entitlements.  

LEARNING OBJECTIVES:

• Recognize Key ITC Differences – Charities vs. NPOs 
• Understand and Apply the Correct Rules 
• Comprehend the Different Net Tax Calculation  
• Identify and Reduce Mistakes

TOPICS INCLUDE:

• Definitions
• Time Limits
• Operating Expense
• Allocation 
• Capital Property   

WHO WILL BENEFIT:

This Presentation is designed for various Public Service Bodies including Charities and NPOs. It is intended for all individuals who may be involved with the entity’s GST/HST. We will cover the basic ITC rules on operating expenses, help you learn which method applies to your net tax obligations, and introduce the different ITC rules for Capital Properties. The Presentation will help you avoid some of the common mistakes which can result in future non-compliance. 

Michael Monk – Canada Revenue Agency

Michael Monk has been with Canada Revenue Agency (CRA) for 34 years.  During that time, he has worked extensively with GST/HST.  

Michael’s current role in CRA’s Ottawa Headquarters (HQ) is with the HQ – GST/HST and Digital Compliance Directorate where he has managed CRA’s National GST/HST Presentations and Outreach services for the last 8 years. 

Michael was a Team Leader and Senior Technical Interpretations Analyst for 10+ years in GST/HST Rulings, Legislative Policy and Regulatory Affairs Branch.  He spent numerous additional years in other GST/HST roles within the Compliance Programs Branch.  Michael also worked as a CRA Facilitator throughout a 20 -year period developing training courses, and leading 100+ GST/HST Legislation and Audit learning events, instructing to hundreds of CRA staff across the country. 

Michael has many years of acquired GST/HST knowledge and experience, having worked with a multitude of GST/HST issues, across many sectors and business lines.  He has participated in several conferences, preparing and delivering GST/HST presentations nationally, to a variety of accounting and industry associations.   

Michael has volunteered with a number of community and school groups over the years.  He has served as Director on the Board of a large charity, and also on CRA’s Employee Assistance Program Committee.