HST Rate Increase Canceled in Newfoundland & Labrador
Cancellation of the Harmonized Sales Tax Rate (HST) increase on April 30, 2015, the Government of Newfoundland and Labrador announced its intention to increase the rate of the Newfoundland and Labrador component of the Harmonized Sales Tax (HST) to a rate of $.010 effective January 1, 2016, resulting in an HST rate of $0.15.
The Government of Newfoundland and Labrador has asked the Government of Canada to facilitate the cancellation of the proposed HST rate increase and the federal government has agreed. As a result, the HST rate will remain at $0.13 after December 31, 2015.
As the world constantly changes, both political and economic events can prompt VAT and other consumption tax changes, with DATABASICS you can stay on top of individual country’s requirements for reporting and recovery according to your company policy.
If you’re not currently taking advantage of DATABASICS for VAT Recovery, contact us at 1(800) 599-0434 to review any requirements and available solutions.
DATABASICS provides cloud-based, next-generation Expense Reporting, P-Card Management, Timesheet & Leave Management, and Invoice Processing automation. Specializing in meeting the most rigorous requirements, DATABASICS offers the highest level of service to its customers around the world.
DATABASICS is relied upon by leading organizations representing all the major sectors of the global economy: financial services, healthcare, manufacturing, research, retail, engineering, non-profits/NGOs, technology, federal contractors, and other sectors.
Connect with DATABASICS: LinkedIn, Twitter, and YouTube. DATABASICS is headquartered in Reston, VA.
*https://www.fin.gov.nl.ca/fin/tax_programs_incentives/personal/hst.html." 14 Dec. 2015. Web.
Subscribe to our blog
Recent Posts
Posts by Topics
- Expense Management Software (117)
- DATABASICS (64)
- Time Tracking Software (45)
- Leave Management System (25)
- P-Cards (9)
- Home Healthcare (8)
- Government Contractors (7)
- Nonprofit Organizations (7)
- International Development (6)
- Receipt Management (6)
- Advanced OCR (2)
- CROs (2)
- Staffing Agencies (2)
- Vendor Invoice Management (2)
- Audit Management Software (1)
- Partnerships (1)
- Professional Services (1)
Read on

Choosing the Best Leave Management Software for California
Read Now
Integrating DATABASICS Time & Expense with Microsoft Power BI: Unlocking Deeper...
Read Now
How Do Large Organizations Organize Business Receipts for Maximum Compliance...
Read Now
Evaluating Expense Management Tools for Healthcare
Read Now
The Ultimate Guide to Organizing Business Receipts for Large Organizations
Read Now
Subscribe to Our Blog
Subscribe to our blog and get the latest in time tracking and expense reporting news and updates.