Archive for the ‘tax’ Category

HST Transition Credit for Small Business

May 18th, 2010

The Ontario government is providing one-time assistance to small businesses who have to make change to their POS and accounting systems for the upcoming Harmonized Sales Tax (HST) that comes into effect in Ontario on July 1, 2010.

This website and download information can help a small businesses understand if they are eligible for a small business transition support payment called  “Small Business Transition Credit”.

Ontario HST Website

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Ontario HST Rate Table

May 18th, 2010

Here’s the PDF that describes how the Harmonized Sales Tax (HST) on different goods and services. It describes what is taxable and what is not. The Ontario HST comes into effect July 1, 2010.

HST Rate Table

Filed under Ontario, finance, tax, toronto, tagged as HST, Ontario, tax, toronto | No Comments »