HST Rebate Cheques
Since the implementation of the Harmonized Sales Tax in Ontario and British Columbia, residents, when filing taxes on their personal tax software, have begun to receive HST credit and transition cheques from the government as a way to adjust to the new taxation system. As with the HST system, there are many questions surrounding the cheques and who is eligible, when to expect the payments and how to go about applying to receive a cheque.
Ontario Sales Tax Transition Benefit (OSTTB)
First and foremost, in order to receive a HST …

As the election of a new leader for the Liberal party in B.C. looming, talks of the new B.C. budget are in full force which include the implications of the HST being revoked.  Finance Minister Colin Hansen is scheduled to release the provincial budget this Tuesday complete with considerations to reflect the HST being overturned by voters as predicted.
The budget has been created to be as flexible as possible (keeping most issues static from last budget) to allow for a new Premier to use at least the framework provided by …

As British Columbia’s economy has been hit hard by the recession and massive job losses, many residents have found themselves utilizing social assistance programs offered by the government. With tax season fast approaching, the B.C. Government and H & R Block have joined forces to offer free income tax file preparation for those on Social Assistance.
With last year’s implementation of the HST it is important for lower-income residents to take advantage of the rebates available at tax time. Combined with the B.C. Low Income Climate Action Tax Credit and Goods …