Tuesday, September 01, 2009






Harmonized Sales Tax (B.C. HST)

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The provincial government also proposes to provide a provincially administered HST
exemption for residential energy use.


Home heating bills will be exempt from the HST, Mr. Hansen announced today. (Globe and Mail)

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UPDATE:

Bad News: From Global News: The government says it will also provide an HST rebate on residential energy costs, which will match the current exemptions on the PST.

This appears to mean that we would not be charged the 7% but still have to pay the 5% GST.
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Good News:
New Update:
BC Local News (Morning Star:)

Hansen softened the blow of the harmonized sales tax with a personal income tax cut and a full rebate of HST costs on residential heating.

Homeowners will not pay the provincial portion of the 12 per cent HST on natural gas, heating oil, electricity or other energy costs for heating, extending the current exemption under the seven per cent provincial sales tax. The federal GST of five per cent will continue to be charged on home heating energy, as well as vehicle fuels, which are also subject to B.C.'s rising carbon tax.

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Who is right: The Morning Star and Globe and Mail or Global T.V. ?

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