Media coverage and water cooler discussions are increasing as we move closer to the July 1st implementation date for the HST in BC and Ontario.
There is a lot to learn about the Harmonized Sales Tax and what it means for the residents of each province (Am I eligible for a tax rebate? What taxes apply to diapers? Is that sandwich going to cost me more after July 1st?).
As a business operator in both provinces, we have spent a lot of time deciphering what it all means for our company (painstaking work and, if nothing else, I have a greater appreciation for our accounting team).