Why hst is not good

For example, what is HST? This HST, or harmonized sales tax, is a sales tax applied in certain provinces. So, how do you know which taxation applies to your business? The exact amount of HST differs depending on which of the five provinces your business operates. When figuring your revenue, you must include your sales worldwide, even those considered zero-rated, as well as the sales of any companies or other agents who sell on your behalf.

What if your business operates in Prince Edward Island and sells a product online to a customer in Ontario? We apologize, but this video has failed to load. Try refreshing your browser, or tap here to see other videos from our team. National Post. Shopping essentials. Winter's coming! Time to let your inner adventurous spirit loose Not looking to cloud your day but winter is knocking! Email Address There was an error, please provide a valid email address.

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TurboTax Self-Employed walks you through your taxes step-by-step, automatically prompting you to enter all pertinent self-employed specific deductions so you can be sure it is accurate and you get your maximum refund. Search for:. Share Pin 2. Follow us on Twitter: globebusiness Opens in a new window. Report an error. Editorial code of conduct. Skip to main content. Brenda Bouw. Special to The Globe and Mail.