VATupdate

Share this post on

Deadline of 3 October 2022 for sales tax rebate on machinery and equipment (British Columbia)

Eligible corporations have until 3 October 2022 to submit their application for the British Columbia provincial sales tax rebate on select machinery and equipment. The deadline was extended from 30 September 2022 (a federal holiday).

Under the temporary rebate, qualifying corporations that purchased select goods and paid the provincial sales tax between 17 September 2020 and 31 March 2022 are eligible to receive a rebate equal to the provincial sales tax they paid. The provincial sales tax invoiced before 31 March 2022 but paid after that date does not qualify for the rebate.

Source KPMG

Sponsors:

VAT news
VAT news

Advertisements: