29 February 2016
The Canadian province of New Brunswick has confirmed that it is increasing its Harmonized Sales Tax (HST) rate from 13% to 15% from 1 July 2016. This has been implemented despite the recent confirmation from the Canadian tax authorities that they will not be raising the HST rates.
HST is a combination of Canadian Goods & Services Tax (GST) and Provincial Sales Tax (PST). This tax is applied in five states including New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario and Prince Edward Island.
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