The first benefits of the new year will go out Friday, with eligible Canadians receiving goods and services tax (GST) or harmonized sales tax (HST) credits from the federal government. It’s the ...
In contrast, Canada imposes a uniform 5 per cent GST on most goods and services. Singapore has a uniform GST of 9 per cent.
OTTAWA, ON, Dec. 13, 2024 /CNW/ - On December 12, 2024, the legislation to enact the Goods and Services Tax/Harmonized Sales Tax (GST/HST) break was passed into law by the Government of Canada.
This past Saturday marked the beginning of a two-month tax holiday in Canada. This means that until Feb. 15, Canadians won't have to pay the GST/HST on a long list of food and holiday essentials, ...
In this context, it will be pertinent to analyse the recent recommendation of the Group of Ministers (GoM) on GST rate rationalisation. Take the case of the proposal to introduce a new fifth GST ...
Canada's annual inflation rate ticked down to 1.9 per cent in November, with the slowdown in price growth mostly driven by lower mortgage interest costs and cheaper travel tours, Statistics Canada ...
Prime Minister Justin Trudeau's resignation sent the Canadian dollar higher against the American greenback on Monday. Here's why it matters for the loonie.
GST rates on insurance: Group of Ministers submits report, Council to consider proposals on Saturday
“The matter of review of GST rates on life and health insurance is ... including the European Union and Canada, have exempted insurance products from VAT or GST. This reinforces the argument ...
In a move that could impact the resale market for old and used Electric vehicles, the GST Council’s Fitment Committee has recommended increasing the Goods and Services Tax (GST) rate on such ...
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