BC will be converting back from HST to GST & PST effective April 1st, 2013. If you are a GST/HST registrant and are considering a major purchase sometime in the next few months, you could save yourself 7% by making that purchase prior to April 1st. Businesses do not claim back the PST when they are themselves the end user, whereas HST can be eligible for the full input tax credit, a potentially refundable claim. So, if you are thinking of buying a new car or truck, computer, office upgrades, etc., you might save yourself 7% depending on the circumstances by buying now.
If you need help with your PST registration give us a call and we’ll help your business convert to the new sales tax. If you would like GST/HST tax advice from our accountants in Langley or Surrey, email us at
Solomon Nordine is the owner and president of Complete Accounting Solutions. Mr. Nordine is a Fellow Public Business Accountant (FPBA) and a United States Accountant.