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
EU Parliament gives approval to VAT in the Digital Age...
During February 2025 the European Parliament approved the Draft Council directive relating to the VAT in the Digital Age reforms (ViDA). This follows...
SEE MORE
LATEST NEWS
UK launches 12-week public consultation on electronic...
HMRC and the UK Department for Business & Trade have launched a 12-week public consultation on standardising and possibly mandating B2G (Business to...
SEE MORE
LATEST NEWS
Sri Lanka to apply VAT on B2C e-services from...
The Inland Revenue Department of Sri Lanka will implement VAT on electronic services supplied by non-resident companies to consumers from April...
SEE MORE