provincial sales tax

Rules to reinstate BC sales tax regime proposed

May 2, 2012 Adam Gorley Payroll, Pensions and Benefits

In case you missed it, in February, the federal Department of Finance announced its “Transitional rules relating to the elimination of the harmonized sales tax in British Columbia.” BC is aiming to revert from the unpopular harmonized sales tax to separate provincial and federal sales taxes by April 1, 2013.

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Québec and Ontario sales taxes on group employee benefits

December 23, 2011 Alan McEwen Human Resources, Payroll, Pensions and Benefits, Source Deductions and Reporting

Employee benefits are subject to provincial sales in both Ontario and Québec, at 8 and 9 percent respectively. These sales taxes only apply to coverage provided through group plans so, for example, term life insurance provided to just one individual is not subject to tax. These taxes are separate from the normal HST, GST or QST that apply in these provinces. These taxes apply to both employee and employer payments of premiums for the coverage or benefits supplied.

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