Politics
Nova Scotia to reduce HST by one percentage point to 14 per cent
Nova Scotia
The rate change will take effect April 1, 2025.
The rate change will take effect April 1, 2025
Nova Scotia Premier Tim Houston announced today a one percentage point reduction in the harmonized sales tax (HST) rate.
The federal portion is five per cent and, on April 1 2025, the provincial portion will decrease from 10 to nine per cent in Nova Scotia, bringing it to 14 per cent.
“It’s the first time in 14 years that a provincial government in Nova Scotia has made changes to the sales tax. And this time it will be a decrease,” said Premier Tim Houston in a news release.
More to come
Source link