Harmonized Sales Tax Implementation in Ontario Effective July 1, 2010

2010-03-08


On July 1, 2010 a new 13% Harmonized Sales Tax (HST) will apply to the supply of most goods and services in Ontario. Businesses need to review their internal processes and accounting systems well in advance to ensure a smooth transition to the HST. In some cases, businesses are required to collect or self assess the HST prior to the July 1, 2010 implementation date. We therefore recommend that businesses start planning for this implementation now.
 
To assist you with the implementation, we have provided the following resources:
    • An overview memorandum for small business
    • An overview memorandum for large business
    • Link to the website of the Ministry of Revenue of Ontario which contains a series of HST information notices that provide details of the new HST
We are ready to assist you with this transition. Please feel free to contact us for assistance http://www.rev.gov.on.ca/en/notices/hst/index.html

HST Memo - Small Businesses.PDFHST Memo - Large Businesses.PDFHST - Place of Supply Rules for Determining Whether a Supply is Made in a Province.pdf

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