Canada's New River Tax System: Children's Wear And Children's Shoes Can Be Waived.

The provincial government of Ontario, Canada (Ontario), started in July 1st, the original 8% Ann river. Sales tax (Provincial Sales Tax, referred to as PST) and 5% federal cargo service tax (Goods Services Tax, referred to as GST), merged into a unified tax system Harmonized Sales Tax (referred to as the "Tax").

Due to the new tax system, goods and services that do not need to pay the provincial sales tax before the new tax system are subject to 8% more sales tax, such as gasoline, home heating fuel, new housing and real estate costs, car washing, car repair, haircut, beauty, dry cleaning, newspaper and Internet fees.

After the implementation of HST, some provincial sales tax (only GST) can be exempted. commodity There are: Children's clothing, children's shoes, children's car seats, diapers, women's health supplies and books.

There is no need to pay PST before, and in the future there is no need to pay HST's goods and services, including basic groceries, prescription drugs, some medical devices, public transport, legal aid, medical and educational services, most financial services, childcare services, tuition fees, music lessons, residential rents, property management fees and so on. Another, if July 1, 2010. New tax system Prior to the implementation of the order agreement signed, the newspaper and magazine subscriptions, return tickets and funeral services after the implementation of the new tax system do not need to pay the new tax difference.

The Ontario government provides a one-off subsidy to the residents of the river because of the economic losses caused by the new tax system. Families who earn less than 160 thousand yuan a year can receive a $1000 allowance. Singletons earning less than 80 thousand yuan will receive an allowance of $300 under the same plan. The subsidy will be issued in three cheques, and will be sent within 12 months after the entry into force of the new tax system.