The HST for Ontario is calculated from Ontario rate (8%) and Canada rate (5%) for a total of 13%.
Amount with sales tax / (1+ (HST rate/100)) = Amount without sales tax
Amount without sales tax x (HST rate/100) = Amount of HST in Ontario
100$ / (1+(13/100)) = 88.50$ (88,495575$)
88,495575$ x (13/100) = 11.50$
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There are different kinds of sales tax that apply to most products and services in all the provinces of Canada. Some provinces have harmonized their provincial sales tax with the GST to create the Harmonized Sales Tax (HST). Generally, the HST applies to the same products and services as the GST. On the other hand, in some regions, the Harmonized Sales Tax (HST) must be used.
There are exceptions to every rule. Taxable goods and services delivered as well as performed in Ontario should be charged HST except if the products and services meet all requirements for exemptions, point of sale rebates, or are zero-rated supplies. These provisions would consist of newspapers, books, Children’s clothing, diapers, basic groceries, doctor prescribed medicine, and many more. It is the obligation of the individual/ department starting the buy to determine whether products or services should act self-assessed for HST.