Bdo

Official HST Transitional Rules Announced To Begin Phasing Out

119109490 150x150 Official HST Transitional Rules Announced To Begin Phasing OutThe big buzz in BC right now is centered around the HST transitional rules for the tax’s elimination in the province after a short reign. Overwhelming public outcry led to a referendum resulting in favour of cutting the controversial tax and now the real confusion has begun for many businesses.

The HST is a combination of the 5% federal tax and a 7% provincial tax that will be replaced by its predecessors, GST & PST, on April 1, 2013. The changes released by the province will affect home builders and their customers and BDO Canada has addressed this in a… Continue reading

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