../Morning Post
Posted May 28 , 2010
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Tax

Be HST ready: Resources for businesses

OTTAWA - The Governments of Ontario and British Columbia will each implement a harmonized sales tax (HST) that will come into effect on July 1, 2010 and will be administered by the Canada Revenue Agency (CRA).

The CRA is taking steps to ensure that businesses get the information they need to transition to the federal administration of the HST.

If you are registered for GST, you may have received an insert in your last GST/HST return. It provided general information related to harmonization and highlighted the CRA's "Are you HST Ready?" page found at www.cra.gc.ca/harmonization. This is the place to visit for detailed information about the transition to HST and how it will affect your business.

From the page above, you can access links to a number of other helpful resources that are all designed to help you seamlessly transition to the HST. Some of these resources are:

-- in-person information seminars-sign up to attend a CRA "Transition to
HST" seminar (new dates and locations posted regularly);

-- webinars (online seminars)-reserve your spot now, then log in from home
or work to hear and watch the presentation;

-- video series-topics include an overview on the HST, more detailed
information on the transitional rules for goods and services;

-- information sheets and technical notices-a library of information is
located on the "HST Publications" page;.

Submit press release to pressrelease@exchangemagazine.com - Editor Jon Rohr - Content published on this site represents the opinion of the individual/organization and/or source provider of the Content. ExchangeMagazine.com is non-partisan, online journal. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2009/*.*. Additional editorials, comments and releases are copyright of respective source(s) and/or institutions or organizations.

 


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