How to Save with the HST
Last Updated on October 9, 2015 by Alfred Ball
The HST is coming. The new harmonized sales tax is in full effect on July 1st, 2010. Clients are asking how this affects their payments for sessions. Renew by the end of day on April 30th to save 7%.
In an effort to curb pre-payments, the government instituted a new rule that Lifemoves just found out about. The only way to save with the HST is to renew in the next two days.
- All sessions purchased by midnight on April 30th will only have 5% GST applied to them.
- Any packages purchased between May 1st to June 3oth, 2010, will have 5% GST applied to the initial payments. Then clients with any remaining sessions from packages purchased during this period will be invoiced for 7% on the remaining sessions.
- All sessions purchased after July 1st, 2010 will have the HST (12% applied to them).