- The PST will function in the same manner as it did previous to the implementation of the HST, working in harmony with the GST on many items.
- The HST rate in BC is 12%, whereas the GST and PST will be 5% and 7% respectively for a majority of products. Keep in mind that there are a number of PST exemptions, many of which are subject to terms and conditions.
Registration:
Registration for the PST has been open since January 2, 2013, and many businesses have already taken advantage of the early enrollment date. If you have not already enrolled for the PST, you may complete the registration either online, or in paper. To register online, you must visit the BC Government website. Make sure you take a look at the “Before You Start” instructions prior to beginning the registration process. Your online account will allow for you to file, manage, and pay your PST accounts for the future.
If you wish to register for PST in person, you can visit a Service BC Centre, or download the application form and send it by mail or fax.
Important Information:
As previously mentioned, there are a number of tools and seminars available to help you with any trouble or questions relating to the return of the PST. Keep in mind that the LedgersOnline staff is always here for you with any questions you may have! Below is a list of important information and dates that you should take into consideration:
| Impotant Dates: Mar 19, 2013 Mar 21, 2013 Mar 21, 2013 Mar 26, 2013 Mar 28, 2013 | – -BC GovernmentBC GovernmentSmall Business BCBC GovernmentBC Government
| – -Interactive WebinarInteractive WebinarReturning to PST (SBBC Office)Interactive WebinarInteractive Webinar
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