Financial Services
Queen's University-
Policies
- New Travel and Procurement Policy Related FAQ's
- Approval Authority
- Cash
- Deposits
-
Harmonized Sales Tax
- HST Introduction
- Place of Supply Rules for HST
- HST Self Assessment
- Ontario First Nations Point of Sale HST Exemption
- GST Rebate Being Claimed on Purchases
- Hospitality
- Insurance
- Investment Related
- Journal Entries
- Loans
- Making Payments
- Managing Funds
- Perquisites
- Physical Assets
- Procurement
- Records Retention
- Safe Disclosure Reporting and Investigation
- Travel (for travel taken up to and including March 31/12)
- Travel and Related Expenses (Effective April 1/12)
- T2200 Guidelines
- Travel Expense Claim Information
- Travel Expense Claim Examples
Place of Supply Rules for HST
Taxable supplies that are made in Canada will be subject to HST. The place of supply rules determine whether a supplier has made a supply of goods or services in a participating province, the supplier is required to collect and remit the HST.
HST Tax Rates for Participating Provinces as of July 1st:
| Province | HST Rate |
| Ontario | 13% |
| British Columbia | 12% |
| New Brunswick | 13% |
| Nova Scotia | 15% |
| Newfoundland and Labrador | 13% |
Place of Supply Rules for participating HST provinces listed above:
The HST rate will be the rate that applies to the province in which good or service is being provided. For example, if Queen’s holds courses in British Columbia it must charge the 12% HST which applies to British Columbia.
Place of Supply Rules for Non - Participating HST provinces:
If the university is not a registered vendor in a particular province (except Saskatchewan), it will be the responsibility of the consumer to self assess the applicable provincial sales tax on their purchase.
Breakdown of applicable taxes for each non participating HST province/territory
1. Quebec – GST 5%, Quebec (QST) rate is 7.5%
In Quebec their provincial QST is charged based on the total of the selling price plus GST. Since Queen’s is not registered to collect the QST, they would only charge the 5% GST for services that take place in Quebec.
2. Prince Edward Island (PEI) – GST 5%, PEI PST rate is 10%
In PEI the 10% provincial sales tax is charged based on the total of the selling price plus GST. Since Queen’s is not registered to collect the QST, they would only charge the 5% GST for services that take place in PEI.
3. Alberta – GST Rate 5% / No Provincial Sales Tax
Charge the 5% GST where services take place in Alberta.
4. Saskatchewan – GST Rate 5% / Saskatchewan PST rate 5%
In Saskatchewan the PST is charged on the selling price of the item before GST is applied. Queen’s has become a registered vendor for the purposes of the Saskatchewan sales tax and will only collect the GST. (It’s only been confirmed that this applies to IRC supplies.)
5. Manitoba – GST Rate 5% / Manitoban PST Rate 7%
In Manitoba the PST is charged on the selling price of the item before GST is applied. Since Queen’s is not registered to collect the PST, they will only charge 5% GST on the services that take place in Manitoba.
6. Northwest Territories – GST Rate 5% / Northwest Territories PST
Queen’s would only charge 5% GST
7. Nunavut – GST Rate 5% / No PST
Queen’s would only charge 5% GST
8. Yukon – 5% GST / No PST
Queen’s would only charge 5% GST
9. Outside of Canada
No tax would be charged because the transaction would be zero rated by Revenue Canada.