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Collects HST (harmonized sales tax) only: Newfoundland &Labrador, Prince Edward Island, Nova Scotia, New Brunswick 15%; Ontario 13%. Collects both GST + PST:
- Car Sales Tax by Province: Dealership
- Car Sales Tax by Province: Private Sales
- Car Sales Tax For New and Used Cars in Canada
- How to Calculate Car Sales Tax
The sales tax you pay when you purchase a used or new car at a dealership: *The car sales tax in BC can be as high as 25%, depending on the value.
The Federal GST does not apply when you buy a used vehicle that is being sold privately. * The provincial car sales tax on passenger vehicles sold privately in BC ranges between 12% and 20%, depending on the purchase price. ** Used cars purchased privately in Saskatchewan with a purchase price of $5,000 or less are exempt from PST.
When buying a new or used car at a dealership, a 5% federal Goods and Services Tax(GST) and variable Provincial Sales Tax (PST) apply. In some provinces, GST and PST are combined and referred to as the Harmonized Sales Tax (HST). In Manitoba and Quebec, provincial sales taxes are referred to as Retail Sales Tax (RST) and Québec Sales Tax (QST), res...
You can estimate how much taxes you will pay by using one of the many car sales tax calculators available online. A good example is this GST/HST calculatorprovided by the federal government. You can also calculate car taxes manually. For example, if the car has a purchase price of $50,000 and you live in Toronto, your car sales tax is: $50,000 x 13...
If you buy from a dealership: you will pay 14.975% HST (Harmonized Sales Tax), this includes the 5% federal GST and the 9.975% Quebec sales tax (QST). The dealership will collect the tax when you purchase your vehicle. If you buy from a private seller: you pay the 9.975% QST when you register your vehicle, but not the GST.
Boats and aircraft are registered at federal government offices. No tax is collected at the time of registration. ServiceOntario centres cannot accept payment of the 8% provincial portion of the HST for boats and aircraft. For more information please call the Canada Revenue Agency at 1-800-959-8287 or refer to the HST on supplies brought into a ...
If you pay between $57,000 and $124,999.99, you’ll be charged 10% PST. Once the price paid is $125,000 or more, B.C.’s luxury tax rate applies as well. For cars priced from $125,000 to $149,999.999, you’ll be charged 15% PST. If you pay more than $150,000 for a used vehicle, the PST charged tops out at 20%.
Jun 7, 2024 · As mentioned, when you purchase a new car, you’ll be subject to a federal GST of 5% and a PST depending on the province you live in. For example, if you purchase a new car in Ontario valued at $35,000, you’ll pay a GST of 5% and a PST of 8%. That comes out to $4,550 in taxes. PST (8% *$35,000) $2,800. GST (5%* $35,000)
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What is provincial sales tax if you buy a used car?
Learn about retail sales tax on private purchases of specified vehicles and on certain premiums of insurance and benefits plans.This online book has multiple pages. Please click on the Table of Contents link above for additional information related to this topic.InformationCanada Post strikeVisit ontario.ca/mail to learn about impacted programs and potential delays.Help us improve your online ...
