Get Form 1 Tico

Filling out the Form 1 Tico online is an essential task for registered travel agents and wholesalers in Ontario. This guide provides clear and direct instructions to facilitate the completion of this important document, ensuring compliance with the Travel Industry Act.

Follow the steps to efficiently complete your Form 1 Tico online.

1. Click the ‘Get Form’ button to access the Form 1 Tico. This action allows you to retrieve the form and open it in a suitable online platform.
2. Once the form is open, locate the fields labeled 'Registration #', 'Business Name', and 'Address'. Enter your registration number as specified on your certificate, followed by your business's name and physical address.
3. In the section for 'Gross Sales for the six months ended', calculate your total gross sales according to the definition provided in the explanatory notes. Write the amount in the indicated field, using the provided rate of $0.05 per $1,000 in sales.
4. Next, compute the payment due to TICO. The minimum amount due is $25. Ensure that the entered amount reflects any applicable sales based on your calculations from the previous step.
5. In the next section, calculate the P.S.T. applicable to your payment. This should be 8% of the amount calculated in the previous step. Enter this value into the corresponding field.
6. Calculate the 'Total payment due to TICO' by adding the values from the P.S.T field to the payment due. Input this total into the designated area.
7. Complete the certification statement confirming the accuracy of the information provided. Ensure to add your name, title, and the date in the designated spaces.
8. Finally, review all entered information for accuracy. Save your changes, and proceed to download, print, or share the completed Form 1 Tico as required.

Complete your Form 1 Tico online with confidence and ensure timely submission to TICO.