Thursday, June 09, 2011

HST adds $5 million to B.C. Ferries expenses

From B.C. Ferries latest financial report:

"On July 1, 2010, the harmonized sales tax (HST) became effective, combining the existing 7% provincial sales tax with the 5% federal goods and services tax (GST) into a single tax of 12%. We expect this tax to add approximately $5 to $6 million annually to the cost of our operations. The HST will also increase the price to our customers for our food and certain retail offerings. Our vehicle and passenger tariffs which were exempt from GST will be exempt from HST."

Which means the HST will also result in higher ferry fares,


DPL said...

Surprise, surprise. The HST is costing people money. Hahn can get some of it back. we the user of the boats get nothing back. When BC takes back the ferry system the HST, if the taxpayers are dumb enough to keep it, might spell relief for the customer

Anonymous said...

bc ferry travel? only when absolutely necassary ! almost never buy meals or even coffee. no more free refills?

ahmad danial said...

Hi Paul
Thanks for the great idea
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