[BCMA] HST question

[Moderated BCMA subscriber listserv.]

I was advised by a local book store that books, even those with CD's or 
DVD's included- about the content of the book- were considered "HST of 5%". 
CD's and DVD's on their own- 12%. Colouring books, blank books (eg hardcover 
but no print, eg used for diaries etc) all 12%. Sounds confusing to me, but 
that is what our book store received in the way of "explanation" If you take 
in less than 30,000 I don't know- I phoned Rev Can and got no help.
G. Simpson
----- Original Message ----- 
From: "Moderated BCMA subscriber listserv." <bcma at lists.vvv.com>
To: <bcma at lists.vvv.com>
Sent: Monday, July 05, 2010 3:35 PM
Subject: Re: [BCMA] HST question


> Hello Ron,
>
> I work part-time as a bookkeeper for a nonprofit, when I'm not working
> at the library, that is similar in that less than $30,000 in sales.
> All we had been allowed to do in the past was to claim half back on
> GST and with the HST we continue to claim half back GST and slightly
> over half of the PST portion of HST for supplies used by the
> organization. So before HST we collected 2.5% back now we would claim
> about 6% back. Of course the amounts might be different for you as
> there are categories listed on the CRA site and these numbers just
> applied for the organization I work for. Here is a link to a table on
> the CRA website with percentages to use for public service bodies.
> http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/rbts/psb/menu-eng.html
>
> You can also call the CRA and talk to someone about your specific
> situation for free, you just might have to wait awhile to get through
> on the phone.
>
> In terms of your balance sheet accounts I would just add a new one of
> hst payable and hst receivable. You do not need to separate the
> portions of the hst as the CRA will calculate that based on what group
> your organization is under.
>
> Hope this helps.
>
> Steven Wong
> Assistant Librarian
> Alert Bay Public Library & Museum
>
> Quoting "Moderated BCMA subscriber listserv." <bcma at lists.vvv.com>:
>
>> Hello all:
>> Before HST, gift shops in museums that had less than $30,000 in annual 
>> sales
>> did not have to charge PST or GST on books. Does this exemption still 
>> exist
>> or should we charging HST, GST, or PST on book sales? Our gift shop sells
>> less than $30,000/year. I can't find any answers on the HST sites.
>> Thanks. Ron
>>
>>
>> Ron Denman
>> Director
>> Chilliwack Museum and Archives
>> 45820 Spadina Avenue
>> Chilliwack, BC V2P 1T3
>> Phone: 604-795-5210
>>  <http://www.chilliwackmuseum.ca/> www.chilliwackmuseum.ca
>>
>>
>
>
>
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