GST PST Harmonization

[barold]

does the GST PST harmonization have an impact on buying used cars either from a dealer or a private sale? I believe in a private sale, I would pay pst at the MOT when I register, but not GST - is the process still the same?

[CUVShopper]

under a HST, there would only be one tax, so no PST would apply.

[ctrueman82]

Uh no, if they harmonize the tax you are paying 13%. God buy a car now.

[Pete_Coach]

under a HST, there would only be one tax, so no PST would apply.

Very wrong. Under HST, there would no longer be a stand alone PST, it will be "harmonized" and be part of the HST so, yes, there will not be a tax on used cars and yes, the Province stands to gain a lot.
You never thought that by harmonizing the PST with the GST that we, the public would be gaining anything did you? Now the Province has a tax on everything.

[concou]

Province stands to gain a lot.

With regards to the PST on cars, the province has always collected this tax from dealer or private sales. With the new HST they will continue to collect this.

Here is the kicker.... The GST is now only being collected on Dealer sales, not private. When the HST goes into affect private sales will be charged the 5%
Gst that is now not charged on Private sales.

Mr. Harper found his way to have the province collect his 5% Gst on used cars by Mr.Maginty( spelling).

[Pete_Coach]

With regards to the PST on cars, the province has always collected this tax from dealer or private sales. With the new HST they will continue to collect this.

Here is the kicker.... The GST is now only being collected on Dealer sales, not private. When the HST goes into affect private sales will be charged the 5%
Gst that is now not charged on Private sales.

Mr. Harper found his way to have the province collect his 5% Gst on used cars by Mr.Maginty( spelling).

Mr McGuinty has found his way to get his money from the following things that were exempt till now:

* food products (except for candies, confections, snack foods and soft drinks)
* prepared foods sold by an eating establishment for $4 or less
* children's clothing (including diapers)
* footwear costing $30 or less
* feminine hygiene products
* books, newspapers, bulletins
* drugs and medicine sold under a doctor's prescription
* goods designed solely for people with physical disabilities.
* goods purchased for resale
* production machinery and equipment purchased for the use of a qualifying manufacturer
* hospital equipment purchased by a qualifiying hospital
* goods incorporated into goods for resale.
* telecommunication services (telephone, cable, pay television)
* accommodation for less than one month (hotels, motels, bed and breakfasts)
* labour provided to install, assemble, dismantle, adjust, repair or maintain tangible personal property and labour provided to install, configure, modify or upgrade a computer program
* contracts for the service, maintenance or warranty of TPP, including a computer program
* commercial parking.
* dry cleaning
* carpet and upholstery cleaning
* personal services, such as hair styling, barbering, and beauty treatments
* medical and health services
* veterinary care
* car washing and engine shampooing
* labour to install or repair real property or fixtures.

[concou]

Ya .....but lets not forget the $300.00 (individual) and $1,000.00(family) cheques he is giving us.

That should go a long way to offset the added taxes. What a joke...!!!

[ispiratica]

Mr McGuinty has found his way to get his money from the following things that were exempt till now:

* children's clothing (including diapers)
* children's footwear
* feminine hygiene products
* telecommunication services (telephone, cable, pay television)

These items are still exempt for the cause of families that protested. However the last item, telecom, I do believe we're already paying PST+GST.

Bell seemingly only charges me 9% tax though. Its odd but thats how much total tax I pay on Internet and TV.

McGuinty says this will help business but which business. Small or large? Comepete with whom? The telecom giants don't compete, they simple plunder and burn consumers worse each year.

I can't imagine making private used cars cost 5% more will even out the odds of the used car market. Its only going to hurt private sellers and its already tough enough to trust most seedy dealerships rather than most honest private sellers.

I like the Libs but on the provincial level I'd vote Tory next time. I'm going to be buying a home next year but Im putting it off till the next election. That SHOULD have been exempt. Its not fair to new buyers and its almost a necessity in life here to buy and own a home especially when most good homes cost more than $500k.

I hope the Tories reverse this HST come 2012+.

[angel_wing0]

does the GST PST harmonization have an impact on buying used cars either from a dealer or a private sale? I believe in a private sale, I would pay pst at the MOT when I register, but not GST - is the process still the same?

i think u'll have to pay the full 13% by then...which will suck out a HUGE benefit from buying a private used car.

[z24driver1986]

from what I heard in the newspaper, things like books etc, will still be exempt from the PST, u will only have to pay 5% for GST

http://www.fin.gov.on.ca/english/bud...s/2009/nr.html

This whole thing is still ********, if taxes were exempt on the stuff I wouldn't have a problem with HST but I still do. I emailed my MP, he agrees with me... Please email your MP about it too.

[Carzzz]

Tax discourages buyers, but it is a type of government income!
McGunity is really ruined the Ontario economy...
On the next election, we all know there are better candidates out there!
People forgot to metion, houses over $500,000 also applicable to HST!

Expect More $ on used private sale!

[magnodrome]

just a comment, they shouldnt have reduce GST at start....bad political move and harmonize tax just plain stupid - that will mean more people from the Ontario government will lose their jobs (if i understand correctly, provinces with harmonize tax does not have its own tax department - that means more layoffs).

[confused student]

Tax discourages buyers, but it is a type of government income!
McGunity is really ruined the Ontario economy...
On the next election, we all know there are better candidates out there!
People forgot to metion, houses over $500,000 also applicable to HST!

Expect More $ on used private sale!

People such as Frank de Jong

[Arcturus]

People such as Frank de Jong

Frank used to be my teacher, and he doesn't drive a car, rides his bike everywhere. But I have the feeling that he would introduce a carbon tax instead.

[adam west]

i think u'll have to pay the full 13% by then...which will suck out a HUGE benefit from buying a private used car.

Very true. I'm in BC and rumours abound that they want to do the same thing (harmonized tax). It's just going to force more people to grab a car south of the boarder.

Politicians are REALLY bad at economics.