
FORM 1 TRAVEL INDUSTRY ACT, 2002, S.O. 2002, CHAPTER 30 SCHEDULE D HALF-YEAR STATEMENT FOR THE SIX MONTHS ENDED: (Month/ Year) REGISTRATION # BUSINESS NAME: ADDRESS: 1. GROSS SALES for the six months.
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How to fill out the Tico Form 1 online
Filling out the Tico Form 1 online is a straightforward process that requires accurate information regarding sales and payments to the Travel Industry Council of Ontario. This guide will provide step-by-step instructions to assist you in completing the form with ease.
Follow the steps to successfully complete the Tico Form 1 online.
- Click the ‘Get Form’ button to obtain the form and open it in your editing tool.
- Enter your registration number in the designated field. This number is necessary for identifying your business with TICO.
- Fill in your business name and address accurately. Ensure that the information you provide matches your registration documents.
- Calculate and input your gross sales for the six-month period, based on the definition provided in the explanatory notes. Make sure to follow the rounding instructions for accuracy.
- Compute the payment due to TICO. Remember, there is a minimum fee of $25, so ensure your calculated amount meets or exceeds this minimum.
- Calculate the Ontario P.S.T. on the payment based on the tax rate specified. This amount should be added to your payment due.
- Add the amounts from the previous two steps to determine your total payment due to TICO, and enter this figure in the appropriate field.
- Provide a signature, print your name, and include your title in the designated fields to certify the accuracy of your submission.
- Indicate the date at which the form is being completed. Ensure this is accurate as it will be used for processing.
- Once you have filled in all necessary fields, save your changes. Afterward, you can download, print, or share the completed form as required.
Complete the Tico Form 1 online today to ensure timely compliance with your payment obligations.
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