I am a contractor involved in the construction industry. Do I charge PST on my services? Are leases of real property e. A seller refused to provide me with an exemption on exempt goods.
What can I do? Does the PST apply to memberships or event admission? Are consulting, management or financial services subject to PST? Contact information Our hours of operation are Monday through Friday, am - pm. Copy Cancel.
Did you find what you were looking for? Thank you for your response. Help us improve gov. Organizations A-Z. In their September Budget Update , the provincial government announced that it will provide a provincially administered HST exemption for residential energy use. This was included in their HST backgrounder pdf document. Previously, farmers were exempt from paying PST on the cost of many items purchased for use in the farming business. As most agricultural products are zero-rated they are considered taxable, but the HST rate is zero , very little or no HST would be collected.
Where written agreements of purchase and sale are entered into on or before November 18, , and both ownership and possession of the homes are transferred under the agreement after June , the sales will be subject to the federal component of the HST, but not the provincial component. This would apply to sales of newly constructed or substantially renovated single-unit homes to individuals, and to sales of residential condominiums to all persons including individuals.
Sales of these grandparented homes would not be eligible for the new housing rebate or new rental housing rebate. Certain purchasers that are non-consumers may have to self-assess the BC component of the HST on consideration that becomes due, or is paid, after October 14, and before May 1, for goods and services provided on or after July 1, This would not apply if the non-consumer is a GST registrant and would therefore be entitled to an input tax credit.
Note: Consumer means an individual who acquires goods or services for the individual's personal consumption or use or for the personal consumption or use of another individual. The HST would generally apply to consideration that becomes due or is paid on or after this date, for property and services provided on or after July 1, All Rights Reserved.
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Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Canada's harmonized sales tax HST is a consumption tax paid by local consumers and businesses. As the name implies, it "harmonizes" combines the nation's federal goods and services tax and various provincial sales taxes.
Five Canadian provinces use the HST. Proponents of the HST argue it improves the competitiveness of Canadian businesses by simplifying their administrative costs, leading to lower prices for consumers. The vendor collects the tax proceeds by adding the HST rate to the cost of goods and services and then remits the collected tax to the Canada Revenue Agency CRA , the tax division of the federal government.
Each province had its own rates, resulting in significant differences in the sales taxes throughout Canada. The concept behind the HST was to streamline the recording and collection of federal and provincial sales taxes by combining them into a single, consistent levy across the country. Advocates argue it should reduce costs for businesses and ultimately customers since it simplifies their sales-tax-related bookkeeping. Unfortunately, in practice, the HST can often complicate companies' lives instead.
While the aim was to create a national sales tax, the Canadian government made adoption of the HST optional—and many provinces opted not to, keeping their separate systems and rates instead.
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