Hst Ontario Calculator
Ontario's Harmonized Sales Tax (HST) is a combined sales tax and Goods and Services Tax (GST) that applies to most purchases in the province. This calculator helps you compute the HST amount for your transactions.
What is HST Ontario?
Harmonized Sales Tax (HST) is a single tax rate that combines the provincial sales tax and the federal Goods and Services Tax (GST). In Ontario, HST applies to most goods and services sold in the province.
The HST rate in Ontario is currently 13%. This means that when you purchase an item, the seller adds 13% of the price to the total cost, which includes both the provincial sales tax and the federal GST.
HST is different from PST (Provincial Sales Tax) in other provinces. In Ontario, the HST combines both the provincial and federal taxes into one rate.
How to Calculate HST
Calculating HST is straightforward. You need to know the price of the item before tax and the HST rate. The formula is:
For example, if you buy an item priced at $100 with a 13% HST rate:
The total cost including HST would be $113.
HST Rates in Ontario
The current HST rate in Ontario is 13%. This rate applies to most goods and services sold in the province. Some exceptions include:
- Basic food items (groceries, prepared foods)
- Prescription drugs
- Medical services
- Financial services
These items are subject to the GST only, which is 5%.
Example Calculations
Let's look at a few examples to understand how HST works in Ontario.
Example 1: Clothing Purchase
You buy a jacket priced at $150. The HST is 13%.
Total Cost = $150 + $19.50 = $169.50
Example 2: Electronics Purchase
You buy a laptop priced at $1,200. The HST is 13%.
Total Cost = $1,200 + $156 = $1,356
Example 3: Grocery Purchase
You buy groceries totaling $50. These are subject to the GST only (5%).
Total Cost = $50 + $2.50 = $52.50
FAQ
- What is the current HST rate in Ontario?
- The current HST rate in Ontario is 13%. This combines the provincial sales tax and the federal GST.
- Do all purchases in Ontario have HST?
- No, some basic food items, prescription drugs, medical services, and financial services are subject to the GST only (5%).
- How do I calculate HST?
- Multiply the price of the item by the HST rate (13%). For example, $100 × 0.13 = $13 HST.
- Is HST the same as PST?
- No, HST is a combined tax in Ontario, while PST is the provincial sales tax in other provinces.
- Where can I find more information about HST in Ontario?
- You can visit the Ontario government website for more details.