VATupdate
VAT

Share this post on

Nova Scotia Announces HST Rate Reduction to 14% Effective April 1, 2025

  • Nova Scotia announced a reduction in the provincial HST share to nine percent, effective April 1, 2025
  • The new combined HST rate will be 14 percent, including the five percent federal GST
  • A 15 percent rate applies if the tax is due before April 1, 2025
  • A 14 percent rate applies if the tax is due on or after April 1, 2025
  • Transition guidelines are provided for specific cases like real estate, imports, and services
  • Real estate transactions with both title and possession transfer on or after April 1, 2025, will have a 14 percent HST
  • If either title or possession transfers before that date, the 15 percent rate applies

Source: bakertilly.ca

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.

Sponsors:

VATIT Compliance

Advertisements: