The Harmonized Sales Tax takes effect in Ontario tomorrow, and it’s one conclusion that many consumers are not confident about what’s changing.
Thankfully, the Government of Ontario has a very detailed website dedicated to helping Ontarians determine what will cost more, less or stay the same.
So what’s changing? The Provincial Sales Tax is out, no doubt, and Ontario says there is no new tax for “83 per cent of products and services”:
Only 17 per cent will see a new tax, things like personal and professional services such as hairstyling and legal fees, as well as energy costs including home heating fuel and electricity.
Gas prices you say? Should you be zipping off from your computer screen before finishing this sentence to find the cheapest gas station? Have a glance at GasBuddy Windsor before you pick up your keys.
How about coffee? More, less? Revenue Minister John Wilkinson indicates that a cup of coffee will cost less (food items under $4 are charged 5% on the dollar). Speaking of HST and coffee, there are pro and anti HST products floating all over the web!
Head on over to Ontario’s special HST website to see a full breakdown of everything that’s changing (before & after style):