Canadian Online Business Blog

Don’t Let HST Catch You by Surprise

Posted By Marta LeClair in What's Buzzing, eCommerce on 2010-03-08

HST Checklist for Your Business.

As an Ontario or British Columbia business owner you may already be considering the effects of the Harmonized Sales Tax (HST) on your company come this summer.  In the broadest of terms, many businesses with supplies, services, and transactions made in Ontario or British Columbia that are currently registered for the 5% GST will be required to collect 13% HST in Ontario ( 8% PST + 5% GST) and 12% HST in B.C. ( 7% PST + 5% GST ), effective July 1, 2010. Though still a few months away, businesses should already be devising their plan of action for the transition. Full Article

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