New Brunswick Sales Tax Calculator - Comparewise

New Brunswick Sales Tax Calculator

If you aren’t from Canada, then you may wonder why you’d need a New Brunswick sales tax calculator. Sales taxes are anything but straightforward in Canada.

There are some provinces that use a PST (Provincial Sales Tax), while others use an HST (Harmonized Sales Tax), and everybody gets charged a federal GST (Goods and Services Tax).

So, how do you know which one you’ll be charged? What’s the difference between HST and GST? Are there any exemptions to HST or GST? We’ll tell you everything you need to know in this New Brunswick sales tax calculator article. 

Understanding HST (harmonized sales tax)

One of the things you need to know when you’re using a New Brunswick sales tax calculator is precisely what HST is. 

Harmonized Sales Tax is charged by five different provinces in Canada. The HST combines both Provincial Sales Tax with the federal Goods and Services Tax.

The HST rate is a flat 15% in 4 of the provinces, and 13% in Ontario. (Which means it’s 15% in New Brunswick.) The Canada Revenue Agency (CRA) collects HST. 

The idea behind the HST is that by combining provincial and federal sales taxes, it will be easier for consumers to pay and less confusing for businesses to charge. 

Foreign consumers aren’t charged HST, just GST. 

Who pays HST?

It’s important when using a New Brunswick sales calculator to know who has to pay HST in New Brunswick, so we’ll cover that here. 

Consumers pay HST at the POS (Point of Sale). This means that when you pay for your goods or services, that’s when you’ll pay the HST too. The store or business charges you the HST by figuring the extra tax into the price of the product and adding it to its total cost.

The CRA then collects the HST from the business and divvies it out to the New Brunswick government at a later date. 

Before the HST scheme was adopted by the province in 1997,  provinces charged both PST (Provincial Sales Tax) and federal GST (Goods and Services Tax). More confusingly, every province had its own PST rate. 

Aside from the 5 provinces that charge HST, there are four provinces that charge both PST and GST, and four that don’t charge any sort of regional sales taxes and opt to charge only GST. 

Who has to collect and register for HST?

Many people who are interested in a New Brunswick sales tax calculator are business owners, which makes sense because many business owners are required to register for and collect HST. 

Any business that makes more than $30,000 per year in total revenue must register with the CRA to collect HST. 

The HST rate in New Brunswick is 15%, which is what you’d collect. 

Of course, businesses that don’t collect more than $30,000 per year in total revenue aren’t required to register and collect HST. However, they can voluntarily register and collect it. Some businesses opt to do so because they can get income tax credits for products they buy for the operation of their businesses. 

New Brunswick Sales Tax Calculator 1

Goods and services that are exempt from federal portion of HST

Now that you know more about what HST is, you’re probably wondering whether there are any goods or services you don’t have to pay HST on. 

There are actually two different categories of HST exemptions: zero-rated goods and services, and exemptions. Here’s a list of some of the things that are exempt from HST, which you won’t have to use a New Brunswick sales tax calculator on:

Zero-Rated Goods and Services

  • Prescription, but not over-the-counter, drugs
  • Feminine hygiene products
  • Medical devices
  • Grocery items like meat, eggs, dairy products, fish, cereal, tea, coffee and vegetables. However, some food items are charged HST, like snack food items, liquor and carbonated beverages. 

Goods and Services Exempt from the Federal Portion of HST

  • The resale of residential properties that were previously used or owned
  • Rentals lasting longer than a month
  • Educational services that are required by certain industries or which result in diplomas or certificates
  • Dental or medical services
  • Legal aid
  • Financial services (like bank fees)
  • Daycare services for children

It’s important to note that many of these goods and services are only exempt from the federal portion of HST, which means that GST won’t be charged, but PST may. 

HST for out-of-province sales

If you’re a business owner here to learn how to use a New Brunswick sales tax calculator for your business, or if you’re a customer from a different province then it’s important to understand how HSTs work from province to province. 

Whether you’ll be required to charge HST for a sale, or you’ll be charged HST for a purchase depends on where the purchase takes place. 

If a customer goes to a shop or business in New Brunswick to purchase goods or services, then they’ll be charged HST. 

However, if the purchase is made from another province or if the product is shipped to another province, then HST won’t be charged. 

In short, if both parties are present in New Brunswick at the Point of Sale, then HST will be charged. If not, no HST will be charged. 

Best new Brunswick sales tax calculator sites

No matter why you’re looking for a New Brunswick sales tax calculator, you should definitely choose one that’s simple and straightforward. 

If you’re simply looking for a New Brunswick sales tax calculator that simply supplies you with the necessary figures, then the sales tax calculator from Hellosafe is a good bet.  You simply enter an amount, and it tells you the amount after taxes.  You have the option to use a reverse sales tax calculator, as well. 

If you want a New Brunswick sales tax calculator that supplies you with more information, then the calculator from Wowa is a better bet for you. 

When you enter an amount, not only does it supply you with the after tax amount you’ll pay, it tells you the amounts and percentages charged for PST, GST and overall HST. 

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Item Amount (Max. $100,000,000)

Price is

Province

Result

Total Amount
Tax Paid

You will in taxes. Therefore, the total amount paid is .

New Brunswick Sales Tax Calculator

If you aren’t from Canada, then you may wonder why you’d need a New Brunswick sales tax calculator. Sales taxes are anything but straightforward in Canada.

There are some provinces that use a PST (Provincial Sales Tax), while others use an HST (Harmonized Sales Tax), and everybody gets charged a federal GST (Goods and Services Tax).

So, how do you know which one you’ll be charged? What’s the difference between HST and GST? Are there any exemptions to HST or GST? We’ll tell you everything you need to know in this New Brunswick sales tax calculator article. 

Understanding HST (harmonized sales tax)

One of the things you need to know when you’re using a New Brunswick sales tax calculator is precisely what HST is. 

Harmonized Sales Tax is charged by five different provinces in Canada. The HST combines both Provincial Sales Tax with the federal Goods and Services Tax.

The HST rate is a flat 15% in 4 of the provinces, and 13% in Ontario. (Which means it’s 15% in New Brunswick.) The Canada Revenue Agency (CRA) collects HST. 

The idea behind the HST is that by combining provincial and federal sales taxes, it will be easier for consumers to pay and less confusing for businesses to charge. 

Foreign consumers aren’t charged HST, just GST. 

Who pays HST?

It’s important when using a New Brunswick sales calculator to know who has to pay HST in New Brunswick, so we’ll cover that here. 

Consumers pay HST at the POS (Point of Sale). This means that when you pay for your goods or services, that’s when you’ll pay the HST too. The store or business charges you the HST by figuring the extra tax into the price of the product and adding it to its total cost.

The CRA then collects the HST from the business and divvies it out to the New Brunswick government at a later date. 

Before the HST scheme was adopted by the province in 1997,  provinces charged both PST (Provincial Sales Tax) and federal GST (Goods and Services Tax). More confusingly, every province had its own PST rate. 

Aside from the 5 provinces that charge HST, there are four provinces that charge both PST and GST, and four that don’t charge any sort of regional sales taxes and opt to charge only GST. 

Who has to collect and register for HST?

Many people who are interested in a New Brunswick sales tax calculator are business owners, which makes sense because many business owners are required to register for and collect HST. 

Any business that makes more than $30,000 per year in total revenue must register with the CRA to collect HST. 

The HST rate in New Brunswick is 15%, which is what you’d collect. 

Of course, businesses that don’t collect more than $30,000 per year in total revenue aren’t required to register and collect HST. However, they can voluntarily register and collect it. Some businesses opt to do so because they can get income tax credits for products they buy for the operation of their businesses. 

New Brunswick Sales Tax Calculator 1

Goods and services that are exempt from federal portion of HST

Now that you know more about what HST is, you’re probably wondering whether there are any goods or services you don’t have to pay HST on. 

There are actually two different categories of HST exemptions: zero-rated goods and services, and exemptions. Here’s a list of some of the things that are exempt from HST, which you won’t have to use a New Brunswick sales tax calculator on:

Zero-Rated Goods and Services

  • Prescription, but not over-the-counter, drugs
  • Feminine hygiene products
  • Medical devices
  • Grocery items like meat, eggs, dairy products, fish, cereal, tea, coffee and vegetables. However, some food items are charged HST, like snack food items, liquor and carbonated beverages. 

Goods and Services Exempt from the Federal Portion of HST

  • The resale of residential properties that were previously used or owned
  • Rentals lasting longer than a month
  • Educational services that are required by certain industries or which result in diplomas or certificates
  • Dental or medical services
  • Legal aid
  • Financial services (like bank fees)
  • Daycare services for children

It’s important to note that many of these goods and services are only exempt from the federal portion of HST, which means that GST won’t be charged, but PST may. 

HST for out-of-province sales

If you’re a business owner here to learn how to use a New Brunswick sales tax calculator for your business, or if you’re a customer from a different province then it’s important to understand how HSTs work from province to province. 

Whether you’ll be required to charge HST for a sale, or you’ll be charged HST for a purchase depends on where the purchase takes place. 

If a customer goes to a shop or business in New Brunswick to purchase goods or services, then they’ll be charged HST. 

However, if the purchase is made from another province or if the product is shipped to another province, then HST won’t be charged. 

In short, if both parties are present in New Brunswick at the Point of Sale, then HST will be charged. If not, no HST will be charged. 

Best new Brunswick sales tax calculator sites

No matter why you’re looking for a New Brunswick sales tax calculator, you should definitely choose one that’s simple and straightforward. 

If you’re simply looking for a New Brunswick sales tax calculator that simply supplies you with the necessary figures, then the sales tax calculator from Hellosafe is a good bet.  You simply enter an amount, and it tells you the amount after taxes.  You have the option to use a reverse sales tax calculator, as well. 

If you want a New Brunswick sales tax calculator that supplies you with more information, then the calculator from Wowa is a better bet for you. 

When you enter an amount, not only does it supply you with the after tax amount you’ll pay, it tells you the amounts and percentages charged for PST, GST and overall HST. 

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October 25, 2023
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