PST is returning April 1, 2013

BC is returning to the PST on April 1st.  From then on, most businesses will charge 5% GST and 7% PST.  The PST system will have all the same exemptions as it had prior to the HST.  What this means is that you will have to pay PST on almost all goods purchased, but most services will be exempt.  One of the biggest changes from the HST is that restaurant meals will be exempt from PST.  For more information on how this switch back to the PST will affect you both personally and professionally or to find out how to register your business, please contact us.