Hst

Yes July 1st. I find it funny how many business's are offering "beat the HST" sales. Everyone trying to cash in. The worst part is how many items that are currently PST exempt, we will get dinged on starting July 1st. Booo!
 
Everyone remember the HST when you vote. We wouldn't have this HST thing in Ontario if John Tory wasn't such an idiot in the last election, It was HE and he alone that gave it to Dalton.
 
Remember the date for HST on goods/services that you will physically recieve AFTER July was the 1st April.

So if you want to beat the HST you have buy and take the goods before July.
 
Also remember that just like GST & PST, only businesses that are registered to collect HST can charge it. If someone wants to charge HST that have to give a license number.

Ebay is notorious for people charging sales tax that never goes in.
 
Another thing I hate about HST is cross-province shopping. If I'm a out-of-province making a long distance purchase (via phone, internet, etc), and the province I'm dealing with happens to be a HST province, I have to pay the full HST (instead of just 5% GST we have now). Now there are more incentives to not support the Canadian market and do cross-border shopping. Way to go Gordon Campbell and Dalton McGuinty!
 
Apparently the HST makes paperwork easier for businesses, but the governments are using it as a tax grab and since they are grabbing more from a finite purse, it means people will have less disposable cash, add in raising interests rates means that people are going to cut back on non-essential spending, this tax is going to hurt the restaurant business quite badly here in Vancouver.
 
I cannot believe people are just laying down and taking the HST up the wazoo. There should be 10's of thousands of people rallying against this. People in those 2 provinces make it so easy for the government to tax the shi* out of them. Watch the government officials in BC and Ontario give themselves a hefty raise next year. I am predicting a 30% raise.
 
The only good thing about the HST is that it 'may' be the trump card we need to turf the slim bag in the next election. Have to hope that people can / will remember for 16 months or so.
 
In its April 6 budget, the Darrell Dexter government announced plans to boost the HST by two percentage points, to 15 per cent.

This is in Nova Scotia, and in my opinion it f*****g stinks.
 
Well, here's the thing about the Horse Sh*t Tax.

Sure the HST Tax will improve reporting for businesses. Instead of having to account for collecting two taxes and filing both a PST and a GST return, it will now just be one HST return. Also, businesses that are not currently registered for PST (because they don't have sales that are subject to PST) and therefore have to pay PST on inputs without being able to claim them back as an input tax credit (ITC) will now be able to claim the full HST paid on input costs back as an ITC.

HOWEVER, and this is one friggin enormous however, I figure the impact on consumer spending will be startling. People are going to watch their spending more than they are now in these tough times.

The next shoe to fall will be Ont Hydro increases due to having to pay these insane rates for "green" power (wind and solar) which are up to 10x more than the rates we are paying now. 20yr contracts are being signed with suppliers who are installing these types of energy generators at mind-boggling high rates.

And now there is rumour that Dalton would like to increase the PST portion of the HST in order to balance his out of control spending budget.

So, get ready for business to leave this sewer hole province and for us to become a have-not province. And who can we blame for this? The biggest part of the blame will lie squarely at Dalton's feet. He has done so flippin well he should be proud with that damn smirk on his ugly puss.

Get ready to bend over and say, "Thanks Dalt".:kickInTheNuts:


CD
 
red_star said:
When will HST kick-in and applied to f/a sales?
Click to expand...

Now, when you buy out of province, you pay GST only... $1000 gun = $80 savings if you buy it in Alberta for example...

HST = 13% GST... You will pay extra 8% on all purchases out of province.


Why HST?

Reason for IDIOTS: business would have 999 pages to fill up for the government reporting instead of 1000. At the edge of computers, it actually means 1mg of ink saved at the best. Think about your income tax. How much would you save if one line on your income tax is removed? Did you notice any change in cost of reporting when extra line was added, e.g. transit pass is deductible?

Real Reason: apply PST to ALL goods and services. Right now only some goods and services are subject to PST. You pay no PST on gas, condo fees, utilities, legal fees, new house purchase, bike purchase, etc. Now, your bill will jump 8% on many products.
 
I must be understanding this wrong. When you buy a firearm you are charged both gst and pst right? So how does HST result in more taxes on the purchase of firearms ?
 
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