Beginning Saturday, Dec. 14, retailers and eating places should skip charging each items and companies tax (GST) and provincial gross sales tax (PST) on sure objects in Ontario.
In Ontario, the GST is 5 per cent, and the PST is eight per cent, making the blended price a complete of 13 per cent on most objects.
This province blends the 2 taxes right into a harmonized gross sales tax (HST), which is normally what seems in your invoice.
The Canadian authorities has a useful tax calculator if you’re questioning what the associated fee would usually be for an merchandise you want to buy. Go to canada.ca to strive it out.
Following the federal authorities’s approval of the tax low cost Nov. 28, the Ontario authorities agreed to match it.
Right here’s a listing of the objects that will probably be exempt from gross sales tax, beginning Dec. 14:
Ready meals, together with vegetable trays, pre-made meals and salads, and sandwiches — some ready meals is already exempt from HSTRestaurant meals, whether or not dine-in, takeout, or deliverySnacks, together with chips, sweet, and granola barsBeer, wine, cider, and pre-mixed alcoholic drinks under seven per cent ABVChildren’s clothes and footwear, automotive seats, and diapers — kids’s clothes is already exempt from HST if it is for a kid beneath age 15Children’s toys, resembling board video games, dolls, and online game consolesBooks, print newspapers, and puzzles for all agesChristmas bushes — each actual and faux
This gross sales tax break will final till Feb. 15, 2025.
“Removing the GST from these qualifying goods for two months will provide an estimated $1.6 billion in federal tax relief,” the federal authorities mentioned in an earlier media launch.
“A family spending $2,000 on qualifying goods, such as children’s clothing, shoes and toys, diapers, books, snacks for the house, or restaurant meals would realize GST savings of $100 over the two-month period.”
On Dec. 9, the NDP tried to get the GST eliminated completely from primary important objects like residence heating, grocery meals, web and cell phone bills, diapers and youngsters’ garments.
However that movement failed within the Home of Commons.
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