Happy Canada Day Everyone. Today you’re getting a gift from your government – harmonized sales tax. For some HST is considered a special gift but for many more Ontario residents HST is a gift they would rather return.
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The Ontario HST tax reform is around the corner. HST launches on July 1st. Many goods & services will see no tax change, a few will actually see HST lower sales tax and some will see an HST tax increase.
HST Ontario has put together a list of all the major upcoming tax changes in Ontario. Here is: A Detailed Guide to HST Changes in Ontario
- Domestic Airfare – Any domestic air travel that originates from Ontario will see a tax increase. Airfare in Ontario is presently taxed GST only, after July 1 all flights leaving Ontario will be subject to HST.
- Domestic Rail – Traveling along the rails will cost you more sales tax. Rail fare originating from Ontario will increase to thirteen percent when harmonized sales tax starts in July.
When HST begins you will pay more sales tax on many goods and services in Ontario. That is a fact.
Here is another fact: Some purchases will see a tax decrease when HST launches in Ontario. Surprised? So were we.
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Like it or not HST is going to increase the sales tax on many goods and services in Ontario. While the ongoing HST debate is often centered on the addition of taxes, the increase is just part of the HST landscape.
The Ontario Ministry of Revenue has claimed that 83% of consumer purchases will not receive an increase in sales tax. That means there will not be a tax increase on most purchases made in Ontario.
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Breaking News
The much talked about HST rent increase is no longer! On Monday April 12, renters in Ontario got a break. The upcoming harmonized sales tax will not result in a rent increase according to Premiere Dalton McGuinty.
While promising to be fair to both tenants and landlords the Premiere announced today that an HST related increase in energy costs will not cause rent to rise.
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Our techo friends at the Ontario government recently released a new video that debunks what they call HST myths. The video, in the most basic way, addresses some of the many negative talking points Ontarian’s are being exposed to.
HST Ontario thinks its a good thing to see the government embracing the technology we use – even if it is to support a new sales tax.
Check out the HST video after the jump.
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Ontario’s upcoming HST is a hot topic right now with many strong opinions pushing against both sides of the HST fence.
As always its important to remember that HST Ontario is not affiliated with any government, HST body or agency related to HST. Our role on the internet is to provide news, facts and information on harmonized sales tax and tax reform in Ontario.
HST Ontario is dedicated to sharing a range of HST opinions and perspectives in the HST debate.
Our always expanding coverage of the HST debate begins here with a brief glimpse at the two opposing sides in the HST argument:
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PST or provincial sales tax is a sales tax that is active in almost all Canadian provinces. The only provinces in Canada that do not have PST are Alberta, Nova Scotia, New Brunswick and Newfoundland.
Nova Scotia, New Brunswick and Newfoundland have already replaced their PST with a harmonized sales tax. A similar HST is coming to Ontario and British Columbia in July 2010.
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In Canada the goods and services tax, commonly called GST, is a sales tax introduced by Prime Minister Brian Mulroney in January 1991. It was created to replace an existing but hidden tax in Canada called MST or manufacturers sale tax.
GST in Canada is a value added sales tax that is considered a multi level tax. Like the upcoming harmonized sales tax, there are occasional exemptions from GST. If you’re looking for a list of HST exemptions please read our Ontario HST exemptions article.
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On July 1st 2010 the Ontario government will launch their new harmonized sales tax. HST will be replacing Ontario’s provincial sales tax and the goods & services tax with a single “value added” tax. When the new tax reform launches there will be noticeable changes to how we buy and sell in Ontario.
HST will be extended to many purchases that were once exempt from PST or GST and as a result we will see a tax increase on these goods and services.
While the list of items subject to HST and services subject to HST might be longer than everyone would like, there is some comfort in knowing that many purchases will remain HST exempt!
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