News

TORONTO - Death and taxes may be the only certainties in this world, as the saying goes, but Ontario and British Columbia are giving a break of sorts to people who pre-pay for funeral services ...
Premier Dalton McGuinty admits Ontario families will pay more in taxes because of the HST, but says the new tax is vital to help businesses compete.
The harmonized sales tax has arrived in Ontario, meaning increased sales taxes on ... We pay tax and we get used to it." Ontario has ... will now be subject to the 13 per cent HST in Ontario.
HST hits Ontario and B.C. July 1 ... The provincial taxes of 10 to 12 per cent will be lowered under the HST, but other fees and taxes will rise because of what the provinces say is their ...
After June 2010, generally, new home purchases will attract a maximum $24,000 rebate of the Ontario component of the HST, and a maximum $20,000 rebate of the provincial portion of the BC HST. Each ...
Tomorrow the harmonized sales tax (HST) will come into effect in Ontario. According to the two opposition parties in the provincial Legislature, it will be a black day for Ontario, a “tax grab ...
For example, consumers who spend $5,000 for funeral services currently pay $250 in taxes. When the HST comes into effect next year, it will add $400 to the cost of a $5,000 funeral, bringing the ...
The HST will replace the 8% provincial sales tax and 5% GST with a 13% HST in Ontario, and a 12% HST in British Columbia. Approximately 83% of goods and services will see no change in the taxes.
If you don’t learn your lesson and owe $5,739 in Ontario taxes, ... HST is paid on those taxes, but because it’s all cleverly rolled into the price, you don’t see the charge.
Canada’s second GST and HST credit benefit payments of 2025 come out soon. Find out if you’re eligible, how to apply and how ...