British Columbia Reverts Back to PST/GST
After a vote on August 5th, the voters of British Columbia have decided to revert back to the PST/GST system from the combined HST system they were using. Reverting back to the separate PST/GST systems will take approximately 18 months to put into place, but those in British Columbia can look forward to paying 7% […]
Provincial Budget Changes
In March both Quebec and Manitoba announced their 2010 provincial budgets – and both provincial governments have made changes to their provincial SR&ED programs. Manitoba’s budget, announced on March 23rd, made changes to how the provincial refund would be given to companies. Starting in 2011, all SR&ED performed in Manitoba will be eligible for a […]
The New HST Tax and How It Effects Your Business
Back in March, when the Provincial and budget was announced, it was revealed that the PST and GST would be combined to form the Harmonized Sales Tax (or HST) in Ontario. When it was first announced that Ontario will be switching over to this system, I will admit that I was a little perturbed about […]
Ontario Provincial 2009 Budget
The proposed 2009 Ontario provincial budget, released March 26th, 2009, puts forward new tax measures intended to build on the government’s “5 point” economic plan. Understandably there is much controversy about the spending plans, and many Ontarians are expressing concern over the Sales Tax Harmonization, and how it will affect the individual. On a positive […]