answersLogoWhite

0


Best Answer

A receipt under an HST tax scheme looks almost the same as a receipt under the previous GST/PST tax scheme, but with only one tax line.

For example, a separate tax scheme using GST and PST would apper as:

Item: $19.99

Subtotal: $19.99

GST @ 5.00%: $1.00

PST @ 7.00%: $1.40

Total: $22.39

Whereas a blended tax scheme using only HST would appear as:

Item: $19.99

Subtotal: $19.99

HST @ 12.00%: $2.40

Total: $22.39

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does a receipt with HST tax look?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the HST all about?

HST stands for Harmonised Sales Tax and is the combination of GST (General Sales Tax) and PST (Provincial Sales Tax)


Are Indians HST tax exempt?

Indians are tax exempt on the provincial portion of the HST (8%) when they present their tax status card. For more details on this follow this link to the government communique about Indian tax status in regards to the HST: http://www.rev.gov.on.ca/en/taxchange/firstnations.html


How does the government collect GST?

In Canada it is the registrants who collect GST/HST from the people to whom they provide their goods and services. Depending on their filing frequency of thier GST/HST returns (monthly, quarterly or annually), they indicate the amount of GST/HST that they have collected as well as the GST/HST that they paid as inputs to their commercial activity (input tax credits). The input tax credits are deducted from the GST/HST collected and the balance (positive or negative) becomes their net tax. They then either remit (if a positive amount) or claim their "refund" (negative amount). The government doesn't actually "collect" the tax, they receive it from their tax collectors...the GST/HST registrants.


How do you find receipt of mcd property tax receipt of 2011 2012 on line?

mcd property tax receipt of 2011-2012


How do you find receipt of mcd property tax receipt of 2011-2012 on line?

mcd property tax receipt of 2011-2012


How do you find receipt of mcd property tax receipt of 2012- 2013 on line?

mcd property tax receipt for 2012-13 down load


Can one get a tax receipt for used car donations?

Yes, you can get a tax receipt for used car donations. You will need to request and receive a tax receipt with the charity's name and federal tax number, date of donation and model of car and details.


A sale slip that is marked paid?

receipt


Is Gross Receipt Tax a direct cost?

No gross receipt tax does not has any relationship with production of goods that's why not a direct cost.


What is the HST in Alberta?

Alberta does not have HST. It only has GST. HST (Harmonized Sales Tax, which is the combination of Provincial Sales takes and Goods and Services Tax) is only found in Ontario, British Columbia, New Brunswick, Newfoundland and Nova Scotia. The current rate of GST for all provinces, including Alberta, is at a rate of 5%.


When is the HST tax going to start?

For both Ontario and British Columbia, the Harmonised Sales Tax started on 1 July 2010.


What new tax will happen on September tenth thousand eleven?

Probably HST if you're in Canada.