Posts Tagged ‘HST’
The Final Ontario HST Rebate Cheque is Coming Soon
It’s June, which means the final Ontario Sales Tax Transition Benefit is almost here. The HST cheque, also known as the HST rebate, will be sent by mail to qualifying Ontario residents sometime this month. HST Ontario will provide an update once a specific date is available.
How much is your HST rebate cheque?
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Ontario HST rebate cheques are on their way, just in time for the Holidays! The second wave of Ontario HST cheques, promised by the Ontario government, will begin going out today, HST Ontario has learned.
From today through December 17th qualifying Ontario residents will begin receiving their 2nd HST rebate in the mail or by direct deposit.
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It’s been 79 days since harmonized sales tax was implemented in Ontario Canada and the conversation seems to have died.
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In Canada Harmonized Sales Tax can be defined as a sales tax that has merged (or harmonized) two or more existing taxes. The result of harmonizing is a single sales taxed called HST. In the summer of 2010 the Province of Ontario will be merging their two sales taxes, GST & PST into HST.
By combining the Provincial Sales Tax and the Goods and Services Tax, PST & GST will become a single value added tax, instead of two distinct taxes that don’t always work the same.
HST in Ontario will not change the price of many items, however some items that were once exempt from one sales tax may see a tax increase.
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