HST Buying Deadline: Apr. 30, 2010

General Transitional Rules Tangible personal property (goods) SALES PDF notice247-e.pdf (375 KB) P.3

The HST would generally apply to any consideration that becomes due, or is paid without having become due, on or after May 1, 2010 for a supply by way of sale of tangible personal property (i.e., goods) to the extent that the consideration is for tangible personal property that is delivered, and for which ownership is transferred, to the recipient of the supply on or after July 1, 2010.
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Don Quixote Note: This seems to imply that goods purchased prior to or on Apr. 30, 2010 for goods that will be delivered after the HST imposition date of July 1, 2010 can be purchased without the additional 7% Provincial portion of the HST being charged.

• There is no benefit to purchasing goods or services that already attract both the 5% GST and the 7% PST SOLELY to save the HST increase. (There is no HST increase in this case>)
• An example of a tax saving can be found at http://www.whistlerblackcomb.com/tickets/seasonpass/index.htm where they are selling next year seasons pass Plus you save an extra 7% if you buy now before the Harmonized Sales Tax (HST) is introduced but only until April 30, 2010.
• PREPAID FUNERAL AND CEMETERY ARRANGEMENTS
  The HST would not apply to any consideration for the portion of a funeral or cemetery service that is performed on or after July 1, 2010, if the service is supplied according to an arrangement in writing that was entered into before July 2010.This rule would only apply if it was reasonable, at the time that the arrangement was entered into, to expect that all or a part of the consideration for the service would be paid (or put into a trust) before the service is performed.
• Domestic Airline Flights MAY be an opportunity to save.
  

CAUTION: Make sure before you rush out and buy that you know:

1. That the purchase price is right. Don't try to save 7% for something that will be reduced in price shortly after July 1, 2010.
   
2. That there is a tax saving. (are both GST and PST already in effect?)
   
3. You need or would buy the product anyway.
   
4. Confirm with seller at time of purchase that the Provincial Part of the HST (7%) is NOT included in price.

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• Benefits for Families and Consumers
• Benefits for Low-Income Families and Seniors
• Benefits for Home Buyers
• Benefits for Taxpayers
• Benefits for Small and Medium-Sized Businesses
• Benefits for Job Supporting Industry
• Benefits for Rural and Remote Communities