12 March 2025
From 1 April 2025, the Canadian province of Nova Scotia will reduce the HST rate applied in the province from 15% to 14%.
There are no other HST rate changes in any other Canadian provinces.
What to do next?
If you are selling to customers in Nova Scotia where you are charging HST, you will need to ensure that the correct rate of HST is applied on sales from 1 April 2025.
We recommend that you do this by amending your accounting system and current processes to ensure that the lower HST rates are used on sales invoices issued from this date.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
Romania to increase VAT on most reduced rated supplies...
Romania confirmed that from 1 August 2025 most supplies carrying the reduced VAT rates of 5% and 9%, will be subject to the standard VAT rate of 19%. The only...
SEE MORE
LATEST NEWS
Lithuanian reduced VAT rate changes
The Lithuanian Ministry of Finance confirmed that it will: Increase the reduced VAT rate of 9% to 12% affecting such services as domestic passenger transport...
SEE MORE
LATEST NEWS
Gibraltar to introduce a 15% sales tax
As a result of a post-Brexit agreement between the UK and Spain, the British overseas territory of Gibraltar will introduce a 15% sales tax by 2028. Post...
SEE MORE