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GST Reduction for Canada: Jan. 1, 2008

In summary, the GST rate reduction for Canada as of January 1, 2008 is 1%, bringing the total rate down from 6% to 5%. This will result in a 1% decrease in GST charged on purchases from Pampered Chef, saving customers money. The reduction will apply to all products sold by Pampered Chef, except for some exceptions such as gasoline, alcohol, and tobacco, which will still be subject to the previous rate of 6%. The reduction is permanent, unless changed by the government in the future.
rennea
Gold Member
3,728
Remember all you Canadians that GST goes down to 5% as of Jan.1/2008:)
 
reduced GSTThank you! I TOTALLY forgot, so I appreciate the reminder.....
 
Woo Hoo! Thanks for the reminder Rennea! :)
 
Nosey here...what is GST?
 
KellyTheChef said:
Nosey here...what is GST?

our lovely goods and services tax-it started years ago at 7%, last year or the year before it was dropped to 6%, and as of today it 5%
we have pst-provincial sales tax as well
both are added to purchases
alothough there are some things not charged the pst everything gets charged gst

some of the eastern provinces have the hst which combine both these taxes in one

confused yet lol


Don't forget to change that in your pampered partner ladies :D
 
Sounds confusing...glad it is lowering for you all, though!! :)
 
thanks for the reminder - totally forgot!
 
Entering Tax Rate change in PPDoes anyone remember how to change the Tax Rate on PP
 
  • Thread starter
  • #9
stefani2 said:
Does anyone remember how to change the Tax Rate on PP


Go to the personal information tab, the tax rates are on the right hand side.HTH
 
  • #10
thank youThank you so much...my mind doesn't seem to remember little things like that since I've had kids...lol
 

Related to GST Reduction for Canada: Jan. 1, 2008

1. What is the GST rate reduction for Canada as of January 1, 2008?

The GST rate reduction for Canada as of January 1, 2008 is 1%, bringing the total GST rate down from 6% to 5%.

2. How will the GST reduction affect my purchases from Pampered Chef?

The GST rate reduction will result in a 1% decrease in the total amount of GST charged on your purchases from Pampered Chef. This means you will save money on your purchases starting January 1, 2008.

3. Will the GST reduction apply to all products sold by Pampered Chef?

Yes, the GST reduction will apply to all products sold by Pampered Chef, as long as the purchase is made on or after January 1, 2008.

4. Are there any exceptions to the GST reduction for certain products?

Yes, there are some exceptions to the GST reduction for certain products, such as gasoline, alcohol, and tobacco. These products will still be subject to the previous GST rate of 6%.

5. Will the GST rate reduction be permanent?

Yes, the GST rate reduction for Canada will be permanent, unless changed by the government in the future.

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