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PST BACK ON APRIL 1ST, Any difference to you?


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#31 J.R.

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Posted 22 January 2013 - 11:59 AM

All the literature is saying that PST will be substantially similar to the old PST regime. PST is primarily a goods tax, not a goods and service tax.


We'll see if it stays that way... when's the next election again...?
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#32 Wetcoaster

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Posted 22 January 2013 - 12:08 PM

And I'm saying there are zero guarantees that after reverting to GST and PST that they won't change the rules and PST WILL be charged on "services".

They're going to need the extra money HST was netting them (not to mention paying back the feds that $1.6B). Easy way to do that is charge the tax on more things. You know, like services.

And they already have the template since legal services will be subject to PST - BTW that was a tax measure introduced by the NDP government of Glen Clark. The claimed rationale was that it was intended to be used to fund Legal Aid... share the wealth and of course promoted as get those **** lawyers.

The problem of course was that it was not the lawyers who paid but the clients and the funds went into general revenue as Legal Aid funding was dramatically reduced.

The Legal Services Tax was subsumed under the HST but with the reversion to PST it is back.
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#33 Mainly Mattias

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Posted 22 January 2013 - 08:06 PM

dealing with the transition from pst to hst was a pain from a legal accounting pov since contingency files settled post pst effective date still required pst to be remitted on the percentage of the services provided in the pst era (ie. multiple pst remittances). i imagine it'd be the same headache with the transition back. i feelz bad for those who have to deal with it this time around.

as a consumer now, it doesn't affect me one bit. :)
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#34 Dittohead

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Posted 23 January 2013 - 01:15 AM

vote NDP if you want higher taxes, more government more welfare lower standard of living
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#35 Armada

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Posted 23 January 2013 - 01:27 AM

vote NDP if you want higher taxes, more government more welfare lower standard of living


Or if you want our province ruined.
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#36 Captain Bob

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Posted 23 January 2013 - 01:29 AM

Everyone is greedy - they want to pay nothing but want everything.

It is truly a shame that the HST got removed as a result of what those anti-HST people said. I've talked to a few adamant anti-HST people and most people wanted it gone because they didn't want to pay ~$5-20 more. Meanwhile, money has to come from somewhere, so program cuts are totally cool; actually no, they're not - they get b!tched at for that too. Make up your mind then.

Money has to come from somewhere folks. If it's not my pocket, it's another person's pocket (i.e. the rich) who will end up sending the bill back to us as citizens.



"Money has to come from somewhere"

This is why I wish people would stop warning about speed traps, seat belt checks and cell phone checks :)
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#37 Captain Bob

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Posted 23 January 2013 - 01:34 AM

OMG you only pay GST on a service. go call a plumber to come over fix your tap. then call him April 1st. see how much tax you pay.

We went from having GST to having HST never had PST



he new PST will also provide for many exemptions from the tax, including all of the same permanent exemptions that applied under the old PST. Importantly, there will be various business exemptions which will apply to such things as goods incorporated into other goods for resale and production machinery. There will also be an exemption for purchases or leases of goods that are intended to be leased.
The following is a list of some of the other items that will be exempt from the PST:
residential housing and commercial real estate;
most services, like dry cleaning, funeral services, and haircuts;


Buying a new home will be cheaper too. Only one tax on that, not sure if it's GST or PST, but someone buying a brand new home will save 5%-7%. Then again, the people paying $1.5M for a new home, that's pocket change to them.
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#38 RUPERTKBD

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Posted 23 January 2013 - 09:04 AM

as a consumer now, it doesn't affect me one bit. :)



Actually, it does...

General revenue in the province of BC will be a bit light for the next few years, since the seed money given to us by the Feds will have to be repaid. That is something that will affect all British Columbians.

Of course, there is also the harder to quantify, but still real, cost of implementing the HST in the first place and then reverting back to the old system. Estimates place that figure somewhere in the neighbourhood of the original 1.6 billion that BC received from Ottawa.
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#39 Russ

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Posted 23 January 2013 - 09:55 AM

Other than the $1.6 billion going back to the feds?

I meant simply when I go to buy stuff. When it went to HST, yea it may cost me a couple bucks more but it didn't really bother me as much as some people I know who complained about it.
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