Hst Calculator Ontario

Ontario's Harmonized Sales Tax (HST) is a consumption tax applied to most goods and services sold in the province. This calculator helps you determine the HST amount on your purchases and understand how it affects your total cost.

What is Ontario HST?

Harmonized Sales Tax (HST) is a single sales tax that replaces the previous system of provincial sales tax (PST) and goods and services tax (GST). It was introduced in Ontario on July 1, 2010, as part of Canada's federal-provincial tax harmonization.

The HST is applied to most goods and services sold in Ontario, with some exceptions. The tax rate varies depending on the type of product or service being purchased.

How to Calculate HST in Ontario

Calculating HST in Ontario is straightforward. The formula is:

HST Amount = Product Price × HST Rate

Total Cost = Product Price + HST Amount

For example, if you purchase a product priced at $100 with an HST rate of 13%, the calculation would be:

HST Amount = $100 × 0.13 = $13

Total Cost = $100 + $13 = $113

Current HST Rates in Ontario

The standard HST rate in Ontario is 13%. However, there are different rates for specific types of products and services:

Standard Rate (13%): Applies to most goods and services.
Zero-Rated Goods and Services: Some goods and services are exempt from HST.
Imported Goods: Some imported goods may be subject to a different tax rate.

For the most up-to-date HST rates, you can refer to the Ontario government website.

How HST Works in Ontario

When you make a purchase in Ontario, the seller adds the HST to the price of the product or service. The total amount you pay includes both the original price and the HST.

The HST is collected by the seller and remitted to the government. The government then distributes the tax revenue to various provincial programs and services.

Some goods and services are exempt from HST, such as:

Prescribed goods and services
Certain medical services
Some financial services
Certain educational services

FAQ

What is the current HST rate in Ontario?

The standard HST rate in Ontario is 13%. However, some goods and services may be subject to a different tax rate.

How do I calculate HST on a purchase?

Multiply the product price by the HST rate (13% for most goods and services) to find the HST amount. Add this amount to the product price to get the total cost.

Are there any goods or services exempt from HST?

Yes, some goods and services are exempt from HST, including prescribed goods and services, certain medical services, some financial services, and certain educational services.

Where can I find the most up-to-date HST rates?

You can find the most up-to-date HST rates on the Ontario government website.