Category: News

Don't you think people in Ontario need an Ontario Sales Tax Holiday, similar to the one's found south of the border? Did you know that between August 5-7th of this year the State of Missouri had a sales tax holiday on all computer software costing

It was reported last week on CTV that the Ontario government had a made a decision that the Ontario HST would be applied to the new Ontario Carbon Tax that will be included in gas prices and home heating. So people in Ontario will be

Canadian HST or Harmonized Sales Tax is a combination of the federal GST and provincial PST imposed in 5 of the 13 provinces and territories in Canada.  The rate of HST varies between 13% -15% and applies on most goods and services supplied in the participating

Canadian Sales Tax refers to the combination of federal and provincial sales taxes that are imposed on the sale or purchase in Canada of most goods and services.  Canadian sales Tax includes federal goods and services tax (GST), Harmonized Sales Tax (HST) and Provincial Sales

Canadian Sales Tax Rates include a Federal GST which is included in all the HST rates in Canada, only Alberta, the Yukon, the Northwest Territories and Nunavut charge the Federal tax alone. The Provinces of Ontario, Newfoundland, New Brunswick, Nova Scotia and PEI charge an

For all large businesses in Ontario that are subject to the rules around Ontario Restricted Input Tax Credits, this is just a reminder that per the Ontario government's phase out of the restrictions, the RITC's reduce from 75% to 50% as of July 1, 2016.

At B. Hoffmann and Associates we pride ourselves in our teams commitment to continuously expand our tax knowledge. We do this by reading daily updates in tax legislation and various court decisions impacting indirect tax in Canada. Members of our team are always looking to

The Department of Finance for the Province of Newfoundland and Labrador has released the transitional rules for the Newfoundland HST rate increase to come into effect for July 1, 2016. Per their website: On April 14, 2016, the Government of Newfoundland and Labrador announced its

Are you ready for the increase in the New Brunswick HST Rate on July 1st? The following table outlines whether 15% HST applies or 13% on transitions that straddle the July 1, 2016 implementation date: New Brunswick HST Rate Increase Transitional Rules TRANSACTION DESCRIPTION RATE

It’s that time of year again. The federal budget 2016 has been announced.  I watched it…I thought for sure that the Liberal government would actually want to increase government revenues to help pay for the all the things that they promised.  And I thought, a