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

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(Created page with "{{Paying Taxes in British Columbia TOC}} 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...")
 
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{{Paying Taxes in British Columbia TOC}}
'''''Paying Taxes in BC''''' from [[People's Law School]] has been replaced by [https://www.peopleslawschool.ca/publications/essentials-money-debt/ ''Essentials of Money & Debt''].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.
 
{{REVIEWED | reviewer = [[People's Law School]], 2014}}
 
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Latest revision as of 16:10, 5 May 2021

Paying Taxes in BC from People's Law School has been replaced by Essentials of Money & Debt.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.

In law, a document demonstrating ownership of a thing. See "ownership."

A sum of money or an obligation owed by one person to another. A "debtor" is a person responsible for paying a debt; a "creditor" is the person to whom the debt is owed.

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