hst changed to gst in bc on 1 april 2013.
when did hst change to gst in bc?
1 april 2013
in the provincial budget released 18 april 2012, the government of prince edward island announced plans to introduce a 14% hst to be implemented on 1 april 2013. this would reduce prince edward island's provincial sales tax component from 10% to 9%. the government of prince edward island was unique amongst canadian provinces in that it "taxed the gst". since the implementation of the federal gst in 1990, pei's 10% pst has been charged on the subtotal of goods which included the federal gst; pst was not charged on services. this resulted in a combined tax of 17.7% for goods purchased before the 7% gst was reduced to 6% and then 5% in 2006 and 2008 respectively. as of 2012, consumers in pei paid a combined 15.5% tax rate (5% gst and 10% pst applied to the subtotal). the provincial government committed to exempting some items while critics noted that electricity would see an increase from 5% gst to 14% hst; prior to the hst, electricity was not taxed by the pst.
harmonized sales tax
section::::processing of tax returns.:gst/hst returns.









































gst/hst is governed by excise tax act, which requires many entities to register for a gst/hst account and remit gst/hst collected. these entities include sole-proprietors, partnerships, corporations, etc. not-for profit organizations are normally exempt for income tax purposes but not for gst/hst purposes. even universities and hospitals are required to register for gst/hst.









































gst/hst returns are due monthly, quarterly, or annually depending on the volume of sales. if sales are less than $30k per year, a business may qualify as smaller suppliers, who are not required to register for gst/hst.
canada revenue agency