HST Everything You Need To Know :)
HST What You Should Know
The government of Ontario will be going ahead with plans to incorporate HST into our lives and I wanted to make sure you are aware of how it will affect Real Estate, jobs and your business. It is a little confusing and I have included this link which will take you to the information page related to HST specifically http://www.rev.gov.on.ca/en/taxchange/index.html
From the site you will be able to navigate into areas that are of concern for you!
This is what the government is saying about what HST will do for you:
On July 1, 2010, Ontario is implementing the most important tax reform in a generation.
It's a big change that will make a big difference, resulting in more jobs and greater prosperity.
In fact a recent report found that as a result of the comprehensive tax package, Ontario will see 591,000 net new jobs within ten years.
Maybe that's why more than 140 countries already have a similar value-added tax system, and many experts say it's the right move for Ontario.
This website will help you understand how the tax changes will help you, your family and your business.