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Tag: GST

GST/HST “Vacation”

Posted on 12/01/202412/01/2024 By TaxDeep No Comments on GST/HST “Vacation”

In late November of 2024, the Federal government announced a temporary exemption period from December 14, 2024, to February 15, 2025, for specific items that typically incur GST or HST. Regrettably, this decision was made without thorough consideration prior to the announcement or the introduction of legislation. The projected savings for taxpayers are minimal, while…

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Update

Canada Sales Taxes: GST, PST, RST, and HST

Posted on 09/11/202309/15/2023 By TaxDeep No Comments on Canada Sales Taxes: GST, PST, RST, and HST

Canadian governments (Federal, Provincial, and Municipal) charge you taxes for different reasons. Some of the most well-known taxes are the following: I explain Sales Tax in this article. When you purchase a good or service you need to pay an extra percentage on top of the original price to the merchant or service provider. The merchant in…

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