Photo: North Peace MLA Pat Pimm discusses the Harmonized Sales Tax on Wednesday evening – Christine Rumleskie/Energeticcity.ca
North Peace MLA Pat Pimm and two chartered accountants provided some insight into the controversial Harmonized Sales Tax on Wednesday night.
More than 75 people came out to the public event, which was hosted by the Fort St. John District Chamber of Commerce at the Pomeroy Hotel.
Representatives from the oil and gas industry, owners from local restaurants and organizers from several non-profit and seniors groups, were just some of the participants in the seminar.
During the question and answer period, MLA Pimm addressed numerous concerns revolving around the tax shift.
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Pimm adds that B.C. has the lowest combined Provincial and Federal taxes than any other province. In a report distributed to participants, Pimm notes that an individual, who makes $80,000 per year, would pay $19,553 in total for taxes. That’s compared to $25,452 from 2001.
But, some participants didn’t seem confident in some of the responses by Pimm or the chartered accountants.
*When the HST is introduced, the blended tax will add 7% to the restaurant consumer’s bill.
*Darren Thomson runs the Fort St. John Quizno’s. He says he doesn’t think the HST will be B.C.’s solution to the current recession.
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But, Pimm is encouraging everyone to educate themselves on the HST. Click Here for an HST website set up by the Provincial Government.
The Harmonized Sales Tax will be implemented in July 2010. There will likely be more HST seminars in the upcoming months.