The HST applies to more goods and services than the PST did.
Estimates presented by the Independent Panel indicate that unless you are among the lowest 15 per cent of income earners, the 12 per cent HST is costing you more money than the PST+GST did– on average $350 more per family, annually.
Returning to PST
- The Government is working to bring back the PST as qickly as we responsibly can.
- An action plan has been established to ensure an effective and orderly transition back.
- The Independent Panel report released in May 2011 estimated it would take 18-24 months to complete the process.
- Senior Citizens
This section will give you a better understanding of how the HST affects your family:
Learn more About HTC to PST
The PST will be reinstated effective April 1, 2013.
Will the PST be re-implemented at 7%?
British Columbia’s provincial sales tax (PST) will be re-implemented effective April 1, 2013 at a general tax rate of seven per cent
Will all permanent PST exemptions return?
The PST will apply to the same goods and services that were subject to PST prior to the implementation of the HST. All permanent PST exemptions will be re-implemented with the new PST.