They join Ontario (13 percent), New Brunswick (13 percent), Newfoundland (13 percent) and Nova Scotia (15 percent) as provinces with HST.
Any business that performs transactions with customers or suppliers in these provinces must be aware of the HST rules. As Crowsnest Pass is so close to the British Columbia border, it will be of especial interest to local business owners.
"There's a lot of new rules," said Batten, "a lot of new regulations. There's been a lot of changes."
Batten told the gathered Chamber members that HST essentially works the same as GST. What people need to keep in mind, she said, is that whether or not you charge HST depends on where a service is performed or where a commodity will end up.
For example, she said, if a business ships goods to British Columbia, HST needs to be charged to the buyer. However, if a customer from British Columbia physically travels to Alberta and visits a local store, purchasing something and leaving with it, no HST is charged.
She added that if a transaction is GST-exempt, then it will be HST-exempt as well. Provincial tax, she said, essentially no longer exists.
"By all means, call," said Batten. "If you have a question, call." She said that it is better to get an HST transaction right the first time than have to correct a mistake afterward.
Information on HST is available online at
www.cra.gc.ca/gsthst.
Cutreanu spoke briefly about electronic tax filing for businesses. She said that business with more than $1.5 million in taxable sales must complete their filing electronically, but the option is available to all businesses. Returns are processed much faster when done electronically on the Canada Revenue Agency website, over the telephone, or at banks that support electronic filing.