Sales Tax Calculator Ontario 2017
Calculate the Ontario sales tax for purchases made in 2017 using this official provincial tax calculator. The Ontario sales tax system combines the Harmonized Sales Tax (HST) and Provincial Sales Tax (PST) rates to determine the total tax amount on retail purchases.
How to Use This Calculator
To calculate the Ontario sales tax for 2017:
- Enter the total price of your purchase in the "Purchase Amount" field.
- Select whether you're a consumer or a business from the "Tax Payer Type" dropdown.
- Click the "Calculate" button to see the total tax amount.
The calculator will display the total sales tax amount based on the current Ontario tax rates for 2017.
Ontario Sales Tax Rates 2017
In 2017, Ontario implemented the following sales tax rates:
- HST (Harmonized Sales Tax): 13%
- PST (Provincial Sales Tax): 8%
The total sales tax rate for Ontario consumers in 2017 was 21% (13% HST + 8% PST). Businesses were charged only the 8% PST rate.
Note: These rates were effective from January 1, 2017 to December 31, 2017. For current tax rates, please check the latest government publications.
Calculation Method
The Ontario sales tax is calculated using the following formulas:
For Consumers:
Total Tax = Purchase Amount × (HST Rate + PST Rate)
Total Tax = Purchase Amount × (0.13 + 0.08)
Total Tax = Purchase Amount × 0.21
For Businesses:
Total Tax = Purchase Amount × PST Rate
Total Tax = Purchase Amount × 0.08
The calculator applies these formulas to provide the total sales tax amount based on your inputs.
Worked Examples
Example 1: Consumer Purchase
If a consumer buys an item priced at $100 in Ontario in 2017:
- HST (13%) = $100 × 0.13 = $13
- PST (8%) = $100 × 0.08 = $8
- Total Tax = $13 + $8 = $21
Example 2: Business Purchase
If a business purchases an item priced at $500 in Ontario in 2017:
- PST (8%) = $500 × 0.08 = $40
- Total Tax = $40
Frequently Asked Questions
- What is the Ontario sales tax rate for 2017?
- The total sales tax rate for consumers in Ontario in 2017 was 21% (13% HST + 8% PST). Businesses were charged only the 8% PST rate.
- How do I calculate Ontario sales tax?
- Multiply the purchase amount by the applicable tax rate (21% for consumers, 8% for businesses) to calculate the total sales tax.
- Are there any exemptions from Ontario sales tax?
- Yes, certain items and services are exempt from sales tax in Ontario. These include basic food and groceries, prescription drugs, and medical supplies.
- How has the Ontario sales tax rate changed over time?
- The Ontario sales tax rate has varied over the years. In 2017, the combined rate was 21% for consumers and 8% for businesses.
- Where can I find official sources for Ontario sales tax information?
- You can find official information from the Government of Ontario website.