hst

hst
Business

Getting A Head Start of The GST And HST Tax Exemption

I thought this was interesting as it is now official in Canada where from December 14, 2024 to February 15, 2025 there will be tax exemptions for various products such as toys. So you would think one would hold off potentially to make purchases, but it was interesting to see businesses that were offering people

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grouse mountain eye of the wind vancouver
Business

Having To Check If You Are Charged The Wrong Taxes

I was reading an interesting point that here in BC they are scrapping this HST system that was introduced awhile ago and are now reverting back to an old tax system called the PST. This obviously requires a lot of businesses to update its system while registering for the tax as well. Apparently a large

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Financial Management

Anticipating For The New Tax

So here it looks like soon there will be an introduction of a new tax. Basically, here we have different taxes for different things. Depending on what you buy you would be charge the appropriate taxes. Instead, now we are going to be universally taxed on everything using this new one rate system. That means

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Financial Management

Paying More Taxes With A New HST Tax Structure

I read a piece of news today where here in BC there is going to be a new tax system called the Harmonized sales tax that is going to be introduced next year. For those who live in BC you can read the announcement here: http://www2.news.gov.bc.ca/news_releases_2009-2013/2009PREM0017-000141.htm Essentially, right now we pay two types of taxes

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