Glossary of HST Definitions for GST/HST

Glossary of HST Definitions for GST/HST   Added property The term added property refers to tangible personal property or software that is a component part or is property (such as a label or a screw) that is incorporated or combined with other property. Added...

What’s Taxable Under the HST and What’s Not?

What’s Taxable Under the HST and What’s Not? Most items have no new tax Most of the goods and services we buy every day have no new tax. That’s because there are many items on which we already paid the previous Ontario provincial sales tax (PST) and the federal goods...

What is HST?

Harmonized Sales Tax As of July 1, 2010, Ontario harmonized its retail sales tax with the GST to implement the HST at the rate of 13% and British Columbia harmonizedW its provincial sales tax with the GST to implement the HST at the rate of 12%. Also, as of July 1,...