- British Columbia’s 2026 Budget expands the 7% Provincial Sales Tax (PST) to include accounting, engineering, architectural, and other professional services starting 1 October 2026.
- For architectural, engineering, and geoscience services, PST will apply to only 30% of the purchase price instead of the full contract value.
- Service providers affected must register for PST and prepare to charge, collect, and remit the tax, with further administrative guidance expected.
- The Budget also removes some exemptions and adjusts point of sale relief, aiming to modernize and broaden the PST system.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Canada"
- Comparing Provincial Sales Tax on Professional Services in B.C., Manitoba, and Saskatchewan
- Quebec Updates GST/HST and QST on Mutual Fund Trailing Commissions
- CRA delays GST/HST application to mutual fund trailing commissions
- Canada Extends GST/HST Enforcement on Mutual Fund Trailing Commissions to 2028
- CRA Delays GST/HST Change on Mutual Fund Trailing Commissions Until 2028
