I own a small business in Ontario

and make less than $30,000 per year.

I only charge the PST

Will I be affected by the new HST

and if so, how ?



If the PST is going to be scrapped, and say I am not affected by HST

how will I pay the pst I've collected from my customers ?

Will it have a new name or will it be the same as it is now ?


1 Answer 1


I've looked into this and found the following information at the Ontario Ministry of Revenue, at the page Are You HST Ready?:

Will I have to register to collect the HST?

Businesses that are registered for GST will be required to collect the HST.

To reduce the administrative burden for small businesses, Ontario will parallel the federal small supplier threshold. In general, businesses with sales under the threshold (those with total taxable sales of $30,000 or less in the last year or $50,000 or less in the case of a public service body) will not be required to register and collect tax. [emphasis mine]

Small suppliers that choose not to register will not be required to file a tax return and will not be eligible to claim input tax credits. If a small supplier chooses to register, it will be eligible to claim input tax credits related to its taxable supplies when it files its tax return.

Note: Your final payment of Ontario Retail Sales Tax (RST, a.k.a. PST) would be due July 23rd, 2010.

Then, considering your taxable sales are under $30,000 per year, it would be optional for you to register for HST. However, there may be a benefit to registering since you'd be able to claim input tax credits – that may work out in your favor.

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