Difference between revisions of "What Other Kinds of Taxes Do I Have to Pay?"

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 ==What is Harmonized Sales Tax?==
-British Columbia has a harmonized sales tax, also referred to as ''HST''. This is a sales tax of 12%.
+Harmonized sales tax, also referred to as ''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. On April 1 2013, British Columbia abandoned the HST and reverted to the GST/PST system, which consists of the federal Goods and Services Tax (GST) of 5% and the provincial sales tax of 7%.
-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 GST/PST 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 GST/HST on groceries, rent, and public transit. '''[Note: This must be confirmed.)'''
-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.
 ==What is property tax?==

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