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Getting ready for the HST changes coming July 1, 2010

On July 1, 2010, businesses in Ontario and BC switch over to the new HST sales tax. This faq helps to answer some of the important questions you may have with respect to this new harmonized sales tax. 

Watch these videos created by CRA for more information on the HST changes.

 

Preparing for the new HST

 

Updating QuickBooks for the new HST

You need to update the sales tax information in QuickBooks so you are ready to begin charging the new HST. How long will it take to set up my file for the HST changes?

Choose the appropriate steps for the version of QuickBooks that you are currently using. 

 If you use...  follow these steps
QuickBooks 2010  click here
QuickBooks Pro, Premier and Enterprise 2009 or 2008 AND you live in Ontario  click here
QuickBooks Pro, Premier and Enterprise 2009 or 2008 AND you live in BC  click here
QuickBooks EasyStart 2009 or 2008 AND you live in Ontario  click here
QuickBooks Multicurrency or 2007 & older  click here

 

Links to additional information

Here are some links to more information on the HST changes for Ontario and BC.

 




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