3 Provincial Sales Tax

Canadian Tax Fundamentals · 3:49

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Lyrics

[Verse 1]
In British Columbia, when sales are made
Seven percent PST must be paid
Register your business when revenue's high
Fifty thousand threshold you can't deny
Collect from customers, remit each month
Keep detailed records, be up front

[Chorus]
PST, QST, or HST too
Provincial taxes, here's what you do
Some provinces blend, some stand alone
Learn the system in every zone
Tax on tax or all combined
Provincial sales tax, keep in mind

[Verse 2]
Saskatchewan, Manitoba join BC's way
Separate PST they choose to pay
But Ontario, Nova Scotia take a different route
HST combined, there's no dispute
Thirteen percent in one single fee
Federal and provincial harmony

[Chorus]
PST, QST, or HST too
Provincial taxes, here's what you do
Some provinces blend, some stand alone
Learn the system in every zone
Tax on tax or all combined
Provincial sales tax, keep in mind

[Verse 3]
Quebec's got QST, unique and proud
Nine point nine seven five, say it loud
On top of GST it's applied
But input credits help you decide
Children's clothing, books exempt
Basic groceries, tax attempt

[Bridge]
Exemptions matter, know them well
Medicine, groceries, what you sell
Business inputs, machinery too
Credits and refunds coming through
Each province sets its own rules
Don't get caught like tax-time fools

[Chorus]
PST, QST, or HST too
Provincial taxes, here's what you do
Some provinces blend, some stand alone
Learn the system in every zone
Tax on tax or all combined
Provincial sales tax, keep in mind

[Outro]
From coast to coast, the rates may change
But understanding helps arrange
Your business taxes, clean and clear
Provincial sales tax, year by year

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