Ending the HST For British Columbia
BC will be moving from HST (12%) to PST (7%) and GST (5%) effective April 1, 2013.
BC will apply this new tax only to invoices dated after April 1, 2013 regardless of the coverage period. This change will be reflected on our April invoices.
Restaurants will be required to charge 5% GST and 0% PST on food sales as opposed to the 12% HST. All alcoholic sales must be charged at 5% GST and 10% PST instead of 12% HST. POS systems should be updated with the correct tax information. This arrangement of GST and PST on food and alcohol sales is a return to the pre-HST change. For restaurants that have existed before July 1, 2010, this taxation will be familiar to their business.
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