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Difference between revisions of "What Other Kinds of Taxes Do I Have to Pay?"
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What Other Kinds of Taxes Do I Have to Pay? (view source)
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, 22:22, 22 March 2014→What is Harmonized Sales Tax?
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==What is Harmonized Sales Tax?== | ==What is Harmonized Sales Tax?== | ||
British Columbia has a harmonized sales tax, also referred to as HST. This is a sales tax of 12%. | British Columbia has a harmonized sales tax, also referred to as ''HST''. This is a sales tax of 12%. | ||
The HST consists of a federal sales tax (5%) and a provincial sales tax (7%). It is called a harmonized tax because it combines the two taxes. You pay the HST on most things you buy or use. They include clothing, furniture, restaurant meals, phones, taxis, etc. There are a few exceptions. For example, there is no HST on groceries, rent, and public transit. | The HST consists of a federal sales tax (5%) and a provincial sales tax (7%). It is called a harmonized tax because it combines the two taxes. You pay the HST on most things you buy or use. They include clothing, furniture, restaurant meals, phones, taxis, etc. There are a few exceptions. For example, there is no HST on groceries, rent, and public transit. | ||
