HST paid goes on the credit side or expenses on the balance sheet
No.British Columbian residents are, however, able to continue to apply for the GST/HST credit when filing income taxes.
Is hst included in mileage reimbursement
In Canada it is the registrants who collect GST/HST from the people to whom they provide their goods and services. Depending on their filing frequency of thier GST/HST returns (monthly, quarterly or annually), they indicate the amount of GST/HST that they have collected as well as the GST/HST that they paid as inputs to their commercial activity (input tax credits). The input tax credits are deducted from the GST/HST collected and the balance (positive or negative) becomes their net tax. They then either remit (if a positive amount) or claim their "refund" (negative amount). The government doesn't actually "collect" the tax, they receive it from their tax collectors...the GST/HST registrants.
GST is 5 % of the price of the item and PST is 7 % but now we have HST which is 12 %
HST stands for Harmonised Sales Tax and is the combination of GST (General Sales Tax) and PST (Provincial Sales Tax)
Alberta does not have HST. It only has GST. HST (Harmonized Sales Tax, which is the combination of Provincial Sales takes and Goods and Services Tax) is only found in Ontario, British Columbia, New Brunswick, Newfoundland and Nova Scotia. The current rate of GST for all provinces, including Alberta, is at a rate of 5%.
Credit
No, computers only tell time in binaryEDIT: HAHAHA, I believe the question is referring to PST and GST sales tax, considering it's under the topic "Buying Computers". Yes Computers have GST and HST sales tax. But no PST.
It has some of the best ways to tax the people. Gst, pst, hst, cars, houses, etc.
Any company charging GST/HST must, by law, display their account number (also referred to as a Business Number or registration number) on any receipts, invoices, contracts, or other business papers used when charging tax on goods or services of $30 or more. If they don't provide their number, you should call CRA Business Enquiries at 1-800-959-5525 to confirm if your supplier is registered for GST/HST purposes.
debit