Understanding HST in Nova Scotia: A Guide for Small Business
Understanding HST in Nova Scotia: A Guide for Small Business
As a small business owner in Nova Scotia, it’s crucial to have a solid understanding of the Harmonized Sales Tax (HST) and its implications on your operations. The HST is a consumption tax that combines the federal Goods and Services Tax (GST) with the provincial sales tax, resulting in a single tax rate for most goods and services. In this guide, we will explore the key aspects of the HST in Nova Scotia and provide you with valuable insights to navigate this tax system effectively.