Ontario Harmonized Sales Tax

More documents

Recommendations

Info

Services (Post) • Example: A business provides plumbing service from May to July 2010. 75% of the service is performed in May and June 2010. The invoice is issued July 31, 2010. • Answer: The HST will apply to the 25% of service performed on or after July 2010. HST does not apply to the 75% that was performed in May and June. 27
Other Transitional Rules • Leases and Licenses • Magazines and other Publications • Prepaid Funeral and Cemetery Services • Passenger Transportation services • Freight Transportation services • Commercial parking passes • Memberships & Lifetime Memberships • Admissions • Real property • Budget Payment Arrangements • Progress Payments & Holdbacks • Imports • Returns & Exchanges after June 30, 2010 28
Page 1 and 2: Ontario Harmonized Sales Tax Matthe
Page 3 and 4: Agenda • Overview • Transitiona
Page 5 and 6: Current Regimes Goods and Services
Page 7 and 8: HST - Why? • Remove PST as a hidd
Page 9 and 10: HST • Advantaged ‣ Manufacturer
Page 11 and 12: Key Dates Certain organizations may
Page 13 and 14: Goods (Pre) • Sale of goods where
Page 15 and 16: Goods (Period 1) • Consideration
Page 17 and 18: Goods (Period 2) • Sale of goods
Page 19 and 20: Goods (Period 2) • Example A busi
Page 21 and 22: Services (Pre) • Supply of servic
Page 23 and 24: Services (Period 1) • Considerati
Page 25 and 26: Services (Period 2) • Considerati
Page 27: Services (Post) Post October 14, 20
Page 31 and 32: Exempt Service Providers • Includ
Page 33 and 34: Retail - Point of Sales Rebates •
Page 35 and 36: Retail - Other • Aboriginals - at
Page 37 and 38: Heavy Construction • Benefit unde
Page 39 and 40: Residential Housing - Construction
Page 45 and 46: Public Services Bodies • Appears
Page 47 and 48: Public Services Bodies Public Servi
Page 49 and 50: Credits • Small Business Transiti
Page 51 and 52: Temporary Restrictions - Large Busi
Page 57 and 58: GST/HST E-Filing • Businesses wit
Page 59 and 60: Prices • In most industries HST w
Page 61 and 62: Economic Trends • Businesses Sell
Page 63 and 64: Misc. GST/HST items • The small b
Page 65 and 66: Winding Down the PST • General ru
Page 67 and 68: PST Audits • The Province can con
Page 69 and 70: The 5 P’s to Consider in Transiti
Page 71 and 72: Paper • Review contracts, invoice
Page 73 and 74: Pricing • Consider effect on pric
Page 75 and 76: Individuals
Page 77 and 78: Transition Payments to Individuals

Ontario Harmonized Sales Tax

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?