Draft proposed consolidation of PST statute released

Remember PST? The provincial sales tax might have become a fuzzy, distant memory, but thanks to BC government's newly released draft consolidation, subject to approval of the legislature to help British Columbians and BC businesses with the re-implementation, you get to see what it will look like, once it takes effect April 1, 2013.

Final amendments leading to the re-implementation of the PST are to
be formally introduced to the legislature in February 2013. This
provides one more tool to support businesses during their return to a
PST plus GST tax system.

Draft regulations that complete the legislative package will be
released with or before the introduction of the amendments to the

More than a dozen publications that provide plain-language guidance
on the application of PST and related exemptions have been
distributed through the fall. Recent publications include notices for
the restaurant industry, telecommunications services, and services to
tangible personal property. More notices will be released over the
coming months. Consumers and businesses can also refer to an updated
"What's taxable, what's not" guide covering many common goods and
services. Information is available online at: www.gov.bc.ca/pst

The BC government is providing a wide range of tools and services
to help businesses understand how the PST works and how to register
using the new eTaxBC e-services option. Starting Jan. 2, 2013, eTaxBC
services are available for online registration, making compliance
with the PST easier.

Tools and services available to help businesses prepare for the re-
implementation of the PST include:
* One-on-one consultations with a government tax specialist.
* Online webinars covering the general principles of the PST and
* PST bulletins and notices.
* Videos:
  o Returning to the PST - An Overview for Business
  o PST in B.C. Online Registration
* Businesses with questions about the PST can call our toll-free help
line - 1 877 388-4440.
* Emailing questions to: [email protected]
* In-person seminars covering the general principles of the PST and

Letters have been sent to over 160,000 businesses with advice on how
to get information on the return to PST and how to register. The BC
government is also reaching out to chambers of commerce and business
associations to offer presentations with information businesses need
for the transition.

The draft consolidation was shared with members of the legislative
assembly before public release.

Learn more:

* Courtesy copy of the draft consolidation of the PST statute:
* More information on the return to PST and links to publications,
tools and services can be found at: www.gov.bc.ca/pst
* Subscribe to email updates at the What's New page at:
* Learn more about the services available to businesses to support
the transition to PST: www.gov.bc.ca/pstoutreach

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