CFIB members save on Amex
Attract more customers with a lower rate
Issues surrounding the Provincial Sales Tax (PST) constitute the majority of single-issue calls into our B.C. office. Because of this, the PST file is one of our legislative team’s main focuses. While there is still much work to be done, here is an update of some of our wins from the past year:
Real property contractors
The most common audit-related call that we receive surrounds real property contractors. If you sell goods like blinds, carpets and doors and offer installation onto “real property” (land or something permanently affixed to the land – that will become permanent as well), you are a real property contractor. Here’s how it works:
Confused yet? Our contacts at the PST branch say the simplest way to avoid any issues is to pay PST on all of your purchases, and then apply for a monthly refund with the government.
If you have a question in regards to a certain situation, getting a written ruling from the PST department is a good way to get insurance on their advice.