Canadian ecommerce websites require GST revisions
Posted By Ezra Silverton in eCommerce on 2006-05-29
On May 2, 2006, the Canadian federal government announced a reduction to the GST rate from 7% to 6%, and to the HST rate from 15% to 14%, starting July 1st, 2006.
As the GST/HST reduction deadline approaches, be sure to update your automated tax calculations within ecommerce, online ordering, or invoicing web applications.
Contact your website developer in advance to ensure this update is scheduled to be completed for July 1st.
For more information, visit The Canada Revenue Agency website. Information on when to apply the new rate and how to apply it to sales promotions is included.
