Store Tax Calculator Ontario

How to Use This Calculator

To calculate your store's tax liability in Ontario:

1. Enter your total sales revenue for the period
2. Select the applicable tax rate (HST, PST, or GST)
3. Click "Calculate" to see your tax liability
4. Review the detailed breakdown of your calculation

The calculator will show you the total tax amount you need to remit to the government, as well as a breakdown of how this amount was calculated.

Ontario Tax Rates Explained

Ontario has several tax rates that apply to retail sales:

• HST (Harmonized Sales Tax): 13% - Applies to most goods and services
• PST (Provincial Sales Tax): 8% - Applies to specific goods and services
• GST (Goods and Services Tax): 5% - Federal component of HST

How Tax is Calculated in Ontario Stores

The tax calculation for Ontario retail stores follows these steps:

1. Calculate the taxable amount by applying the applicable tax rate to your total sales revenue
2. For HST, this is calculated as: Taxable Amount = Sales Revenue × 13%
3. For PST, this is calculated as: Taxable Amount = Sales Revenue × 8%
4. For GST, this is calculated as: Taxable Amount = Sales Revenue × 5%

The total tax liability is simply the taxable amount calculated based on your selected tax rate.

Example Calculation

Let's say your store had $10,000 in sales revenue for the month and you want to calculate the HST tax liability.

1. Enter $10,000 as your sales revenue
2. Select HST as your tax rate
3. Click "Calculate"

The calculator will show you that your HST tax liability is $1,300. This is calculated as $10,000 × 13% = $1,300.