GST/HST Changes for BC and PEI

As you may already know, the Canada Revenue Agency is changing how sales taxes are administered in British Columbia and Prince Edward Island.

British Columbia

On April 1, 2013 the 12% HST will be replaced by the 5% GST.

Price Edward Island

On April 1, 2013 PEI will follow the provinces of Ontario, Nova Scotia, New Brunswick, and Newfoundland and Labrador in replacing its PST with the HST. The combined HST rate in PEI will be 14%, of which 5% will represent the federal part and 9% the provincial part.

Mr.Host will be adjusting our tax rates as of midnight on April 1st, 2013. Good news for our BC customers who’s monthly bills will be going down; unfortunately, our PEI customers aren’t as lucky.