Ontario Hst Calculator 2018

In 2018, Ontario implemented the Harmonized Sales Tax (HST) system, replacing the previous provincial sales tax (PST) and goods and services tax (GST). This calculator helps you determine the HST amount for transactions in Ontario during that year.

What is HST in Ontario?

The Harmonized Sales Tax (HST) is a single sales tax rate that combines the previous provincial sales tax and federal goods and services tax. In Ontario, HST replaced the PST and GST in 2018.

HST applies 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.

Key points about Ontario HST:

HST is a single tax rate that combines PST and GST
Introduced in Ontario in 2018
Applies to most goods and services
Different rates apply to different types of products

How is HST calculated in Ontario?

HST is calculated as a percentage of the price of the product or service. The amount of HST is added to the pre-tax price to determine the total cost to the consumer.

HST Calculation Formula:

HST Amount = (Price × HST Rate) / 100

Total Cost = 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 × 13) / 100 = $13
Total Cost = $100 + $13 = $113

HST rates in Ontario (2018)

In 2018, Ontario had the following HST rates:

Product/Service Type	HST Rate
Most goods and services	13%
Prescription drugs	8%
New residential property	8%
Used residential property	13%
Commercial property	8%

These rates were effective from January 1, 2018, until the end of 2018. Rates may have changed in subsequent years.

How to use this HST calculator

Enter the price of the product or service in the "Price" field
Select the appropriate HST rate from the dropdown menu
Click the "Calculate" button to see the HST amount and total cost
Use the "Reset" button to clear the calculator

Example calculation:

If you purchase a new car priced at $30,000 with an HST rate of 13%, the calculation would be:

HST Amount = ($30,000 × 13) / 100 = $3,900
Total Cost = $30,000 + $3,900 = $33,900

FAQ

What is the difference between HST and GST?: HST combines the previous provincial sales tax (PST) and federal goods and services tax (GST) into a single tax rate. This makes the tax system simpler for consumers and businesses.
Are there any products or services that are not subject to HST?: Yes, there are some exceptions to HST, including certain basic food items, prescription drugs, and residential property purchases.
How do I know which HST rate applies to my purchase?: The HST rate depends on the type of product or service you're purchasing. You can find the applicable rate in the table above or on the receipt from your purchase.
Is HST the same as PST?: No, HST is a combination of PST and GST. The HST rate is higher than the previous PST rate for most products and services.
Can I calculate HST for multiple items at once?: This calculator is designed for single items. For multiple items, you would need to calculate the HST for each item separately and then add them together.