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Harmonized sales tax in Prince Edward Island

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We have archived this page and will not be updating it.

You can use it for research or reference.

The Government of Canada and the Government of Prince Edward Island have signed an agreement to implement a harmonized sales tax (HST) in Prince Edward Island (P.E.I). The HST will come into effect on April 1, 2013. The combined HST rate in P.E.I. will be 14%, of which 5% is the federal portion and 9% is the provincial portion. The HST will use the same tax base and structure as the goods and services tax (GST), with some exceptions.

What this means for you:

All GST/HST registrants across Canada should update their accounting and point-of-sale systems by April 1, 2013, to accommodate the change in rate for their taxable supplies of property and services that are made in P.E.I.
Some GST/HST registrants across Canada may need to update their point-of-sale systems by April 1, 2013, to accommodate the new point-of-sale rebates in P.E.I.
Current GST registrants located in P.E.I. will automatically become HST registrants and report their HST according to their current GST filing frequency.
As a result of the implementation of the HST in P.E.I., there will be changes to the rebates for housing, and public service bodies such as charities, public institutions and qualifying non-profit organizations.

Where to get more information:

The CRA will keep you informed as more information becomes available. For the most up-to-date information, go to www.cra.gc.ca/harmonization or subscribe to Excise and GST/HST News at www.cra.gc.ca/lists and receive quarterly electronic newsletters.

The CRA’s online services for businesses:

Did you know that you can simplify your GST/HST filing obligations by using the CRA’s online filing options? For more information, go to www.cra.gc.ca/gsthst-filing.To learn more about the online services offered through the CRA’s My Business Account, go to www.cra.gc.ca/mybusinessaccount.