Idea 11of 23Builds onAdd the prices, then the tax
HST has a federal part and an Ontario part
Which government gets the sales tax you pay in Ontario?
Today you'll discover
- the two parts of the HST
- how to split the tax
Think firstA $100.00 bike: $13.00 of HST
Which government gets the $13.00 of HST on the bike?
Decide first, then press Next. Count the small pieces in each group.
A receipt for a $100.00 bike with HST $13.00 and total $113.00. Then a row of 13 small blocks: 5 in the first group, marked 5% to Canada, $5.00, the federal part; 8 in the second, marked 8% to Ontario, $8.00, the provincial part. Then the same split for a $20.00 ball. The last step shows a $50.00 backpack.
See the whole ideathe big idea and the key word, in one place
The big idea
HST is one tax with two parts: 5% for Canada and 8% for Ontario.
Across CanadaAlberta has only the 5% federal sales tax. Each province decides its own part, so the total tax is different from province to province.
Key word
- GST
- the federal government's 5% sales tax; in Ontario it is joined with Ontario's 8% to make the HST
Ready to use it?
- Split the HST into its federal and Ontario parts.