By Erik Kulakowsky, CA ( Kül & Associate … www.kultax.com ) At this point, the only way we’re getting rid of this tax is if the NDP get elected (NDP leader Andrea Horwath vowed to abolish HST should she win the next election), but since that’s never going to happen, might as well learn...
In Ontario, home owners don’t have to pay the 8% Ontario provincial sales tax on home renovations, they’re basically exempt thanks to current tax laws. However, with the introduction of the Harmonized Sales Tax (HST) this year, home renovation contractors in Ontario will have to start charging the full 13% tax on any work...