Businesses, are you ready for the May 1st HST transition?

As part of the transitional rules in Ontario for the upcoming HST, there are certain transitional rules and dates to remember that effect all businesses.   May 1, 2010 is the next of these important dates.   Beginning on that date, if you sell a product or service that will not be delivered, installed or performed until [...]

HST For the Individual Taxpayer #3 – The Effect on Housing

On July 1, 2010, the cost of some new homes in Ontario is set to rise because of the introduction of the HST.  In addition, the cost of most services associated with real estate transactions, like legal fees and real estate commissions will also rise.  Furthemore, if you want to hire movers, or renovate your home, then [...]

HST For The Individual Taxpayer #2

In HST for the Individual Taxpayer #1, I outlined the personal expenditures that will have an additional 8% tax added to them beginning July 1, 2010.  Much has been written about this laundry list of expenses, but it usually stops there.  In this article I will outline the temporary and permanent government measures that will [...]

HST Transition Seminar – Presentation Materials

Today Horne LLP held a client seminar on the Transition to the Harmonized Sales Tax that is set to begin on July 1, 2010.  The partners would like to thank the 100+ corporate clients that we had in attendance, and we hope you found the materials useful.  It was a great turnout, and the feedback [...]

HST For the Individual Taxpayer #1

I have written about the HST from the broad policy perspective, discussed the effect on corporations and have provided a checklist for businesses to use as we move closer to the July 1, 2010 transition to the new Harmonized Sales Tax. (HST).  So now let’s turn the discussion to the individual tax payer and how [...]

Is Your Business HST Ready?

On July 1, 2010, the existing provincial sales tax (PST) and the federal goods and services tax (GST) will be replaced with the federally-administered Harmonized Sales Tax (HST) in Ontario. The HST rate will be 13% (8% going to the province and 5% to the federal government). I have written I the past that I believe [...]

HST Newsletter – March 2010

In advance of our upcoming seminar for Horne clients, we have produced a Newsletter containing general information on the transition to HST.  You can download a PDF of the newsletter by clicking the highlighted link below Horne LLP Newsletter-March 2010 Watch this blog for additional GST transition information Francis

A few more kind words for the HST

By Line:  Francis Mackan Reprinted from the Burlington Post, February 10, 2010 A Broad Case for Support On a broad basis, the Harmonized Sales Tax (HST) set to begin on July 1, 2010 is a positive move for businesses, but has been a really tough sell for the average consumer.  My approach with my clients [...]

The Case for Sales Tax Harmonization (HST)

I am definitely in favour of the Harmonization of the Ontario Sales Tax, the introduction of which is set for July 1, 2010.  All Business owners should also be 100% in favour of the new HST.  As a business owner, if you are sitting on the fence, or are against it, then you have not done your [...]