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- The harmonized sales tax (HST) is a combination of federal and provincial taxes on goods and services in five Canadian provinces. The HST rate is 15% in all participating provinces except Ontario, where it is 13%.
www.investopedia.com/terms/h/harmonized-sales-tax.aspHarmonized Sales Tax (HST): Definition as Canadian Sales Tax
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What is a harmonised Sales Tax (HST) in Canada?
Use this calculator to find out the amount of tax that applies to sales in Canada. Enter the amount charged for a purchase before all applicable sales taxes, including the Goods and Services Tax/Harmonized Sales Tax (GST/HST) and any Provincial Sales Tax (PST), are applied.
Oct 5, 2023 · The HST rate is 15% in all participating provinces except Ontario, where it is 13%. The concept behind the HST was to streamline the recording and collection of federal and provincial sales...
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Jan 1, 2008 · The rate of tax to charge depends on the place of supply. This is where you make your sale, lease, or other supply. A zero-rated supply has a 0% GST/HST rate throughout all of Canada. For example, basic groceries are taxable at the rate of zero (0% GST/HST) in every province and territory.
A zero-rated supply, such as a sale of basic groceries, has a 0% GST/HST rate, regardless of the place of supply in Canada. Other taxable supplies have a: 5% GST rate if the supply is made in a non-participating province. 13% HST rate if the supply is made in the participating province of Ontario.
The HST is in effect in five of the ten Canadian provinces: New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario and Prince Edward Island. The HST is collected by the Canada Revenue Agency (CRA), which remits the appropriate amounts to the participating provinces.
Aug 28, 2023 · HST rates vary by province, ranging from 13% to 15%. Currently, there are five provinces in Canada using the HST system. Here is an overview of the HST rates by province: Provinces that do not use HST levy their own separate PST alongside the federal GST. The rates for PST differ across provinces, and some territories have no PST at all.
Select the province you need to calculate HST for and then enter any value you know – HST value OR price including HST OR price exclusive HST – the other values will be calculated instantly. Current HST rates are listed below the HST calculator.
