Canada: Provincial Sales Tax Changes, July 2016
- Sales Tax Rate Changes
- May 11, 2016 | Gail Cole
Harmonized sales tax (HST) rate changes are set to take effect in Canada on July 1, 2016.
The provincial portion of the HST in New Brunswick will increase from 8% to 10%, for a new combined total rate of 15%.
Newfoundland and Labrador
The rate of harmonized sales tax in Newfoundland and Labrador will also increase from 13% to 15%, effective July 1, 2016. The provincial portion of the HST increases from 8% to 10%.
Also on July 1, a 15% retail sales tax on insurance premiums for property and casualty policies will be reintroduced. And the retail sales tax on used vehicles will increase from 14% to 15%.