This is a multi-part message in MIME format. ---------------------- multipart/alternative attachment QUESTION: I am having renovations done on my house. Some of the quotes include PST calculated from the total. I was told that only GST could be charged on the total. The PST for matierials that the contractor buys is added into the Sub-Total. Is this true? --------------------------------------------------------------------------- david ingram replies: Goto http://www.rev.gov.bc.ca/ctb/publications/bulletins/sst_072.pdf to read the PST Contractor's Bulletin. Basically, your question is answered in the bulletin. Depending upon the contract and the "contractor" PST is sometimes charged on the labour if the improvement could be removed and is generally not charged if the installation is considerd an improvement to realty. There are other exemptions for safety and disabled installations. We could really have fun here if the improvement you are making is considered a detriment to the property such as a swimming pool which rarely adds to the value of a property in BC. hope this helps. You will have to ask your contractors "why" they are charging PST on labour. Print out the bulletin and ask why "they" are doing so? Answers to this and other similar questions can be obtained free on Air every Sunday morning. Starting this Sunday at 9:00 AM on 600AM in Vancouver, Fred Snyder of Cartier Partners and I will be hosting an INFOMERCIAL but LIVE talk show called "ITS YOUR MONEY" Those outside of the Lower Mainland will be able to listen on the internet at www.600AM.com David Ingram's US/Canada Services US/Canada/Mexico Tax Immigration & working Visa Specialists US / Canada Real Estate Specialists 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Calls accepted from 10 AM to 10 PM 7 days a week Res (604) 980-3578 Cell (604) 657-8451 Bus (604) 980-0321 [email protected] www.centa.com www.david-ingram.com Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader & the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent financial, or real estate planner or advisor & appropriately qualified legal practitioner, tax or immigration specialist in connection with personal or business affairs such as at www.centa.com. If you forward this message, this disclaimer must be included." REMOTE_ADDR: 66.185.85.73 ---------------------- multipart/alternative attachment An HTML attachment was scrubbed... URL: http://www.centa.com/CEN-TAPEDE/centapede/attachments/11571285/attachment.htm ---------------------- multipart/alternative attachment--
