What is Ontario HST?
The HST started on July 1, 2010, simplifying taxes in Ontario. Most goods and services are taxed by the HST, though a few items are exempted or zero-rated. These include basic groceries, prescription drugs, medical equipment and another complete list. Since each item has its corresponding tax rate, this can save you from an uneventful surprise.
The Ontario HST is currently set at 13%, consisting of:
5% federal Goods and Services Tax (GST).
8% provincial sales tax.
An Ontario GST calculator is a digital tool designed to help individuals and businesses calculate the Amount of HST applicable to their transactions. Entering the amount before tax, you can instantly see the HST added and the total cost, including tax.
An ontario retail tax calculator is a handy online tool that helps you find HST tax on your purchases. You need to enter the amount before tax, which instantly shows you how much HST is added and the total cost, including tax. It's a quick way to ensure you know exactly what you'll pay!