The BC government has taken another step in the long process of switching back to the old Provincial Sales Tax.
Love it or hate it, the 12 per-cent Harmonized Sales Tax will be officially replaced by the old provincial sales tax and G-S-T on April first at a total of…12 per-cent.
The Liberals have long said the P-S-T will be restored with all of its previous exemptions.
Today the government released a draft version of legislation that will need to be passed in the next couple of months to make that happen.
The NDP says the government had promised that bill by the fall, but the lack of a fall sitting of the legislature made that impossible.
Meantime the government says it’s providing a wide range of tools including online registration to make the switch-back easier for businesses.
About The Reporter
