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

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Harmonized Sales Tax in Ontario

Starting on July 1, 2010, you’ll see a harmonized sales tax in Ontario. The 13% HST combines the 5% GST and the 8% PST into one tax to be collected by the federal government.  This is a big, important change that will make Ontario more attractive to businesses. And, these changes include a number of personal and business income tax cuts, credits and benefits that could affect you.    

To assist businesses in the move to the HST, an outline of important dates, key changes and tips on how to prepare for the HST are available.  Learn more about the HST.   

 Source : http://www.rev.gov.on.ca/en/   

 (The comments contained on this site are for information purposes only and do not constitute legal advice.)   

If you have any questions/suggestion or require more information, please do not hesitate to contact me and I will be happy to assist you.   

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002 (page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com , www.gtarealtyagent.com    

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