What Impact will the HST have on your Business?
9 Mar

piggybank by parmarpritesh's via Flickr
As we prep our (Canadian) businesses for what the new HST (Harmonized Sales Tax) means for us, there’s lots of debate about how businesses will fare, adapt and implement the change to their systems, processes and financials.
I’m interested in your opinion.
Add your comments below – I’d like to know your point of view – as a consumer, business owner, politician, or anyone interested in the debate.
Links:
- HST – Frequestly Asked Questions (via CBC News)
- Better Practice Guide for Management of the HST (via Revenue Canada Agency) (.pdf)

Andy Buyting has been in the retail industry since he was six years old. Today, he applies his entrepreneurial know-how to Green Village Home & Garden, one of Canada's most successful specialty garden stores. Green Village Home & Garden is currently expanding into multiple locations throughout eastern Canada.
I think changing computer systems over to incorporate a tax change on our registers, accounting system and related will be a pain. Might be like a Y2K epidemic!
Here’s a pretty good little checklist I found on HST
http://online.wsj.com/article/BT-CO-20100310-713259.html?mod=WSJ_latestheadlines