Applying for an HST Business Number only takes a few minutes. Once you fill out the application you will get something printable wit your number. You will also receive correspondence via regular Canada Post Mail. A business number(BN) is part of the HST number.
Businesses that do not expect to have at least $30,000 in annual revenues are not required to have a GST/HST number.
A benefit for signing up is that you can claim input tax credits (ITC) for the amount of GST/HST you paid on your business expenses. For example, when you purchase materials for your business, the government will provide you a credit for the amount of GST?HST you paid for that purchase.
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