HST (Harmonized Sales Tax) is a collaborated tax in Canada which has been formed by combining the federal Goods and Services Tax (GST) and the regional Provisional Sales Tax (PST). This tax is effective in five out of the ten provinces of Canada - New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario and Prince Edward Island.
HST is the amount that is to be paid by the final customer. Given the complexity of the HST rules, it may sometimes seem overwhelming for the small and new business owners. To make things simpler and reduce the complexity in the process of calculation, you can use the HST Calculator. If you are a small business owner or a sole proprietor, this calculator is going to be very beneficial to you because this will save a lot of time and money that you could be spending trying to figure out how much HST you have to pay to the government.
The calculator saves a lot of your time by making the process quite simple. Here is how you can use it: