Difference between revisions of "What Other Kinds of Taxes Do I Have to Pay?"
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{{Paying Taxes in | {{Paying Taxes in BC TOC}} | ||
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. | ||
{{REVIEWED | reviewer = [[People's Law School]], | {{REVIEWED | reviewer = [[People's Law School]], 2011}} | ||
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{{Creative Commons for PLS | {{Creative Commons for PLS | ||
|title = Paying Taxes in | |title = Paying Taxes in BC | ||
|author = | |author = | ||
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Revision as of 21:21, 22 March 2014
Paying Taxes in BC from People's Law School has been replaced by Essentials of Money & Debt. This new title covers income tax as well as other aspects of managing your finances and dealing with debt-related problems.
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.
This information applies to British Columbia, Canada. Last reviewed for legal accuracy by People's Law School, 2011. |
Paying Taxes in BC from People's Law School has been replaced by Essentials of Money & Debt. This new title covers income tax as well as other aspects of managing your finances and dealing with debt-related problems.
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