The Federal Goods and Services Tax (GST) is a value-added tax of 5 per cent applied to most purchased goods and services. A Provincial Sales Tax (PST) of 7 per cent is also applied to retail purchases, with the exception of liquor, which is taxed at 10 per cent. Clothing for children under the age of fifteen is exempt from PST. A provincial accommodation tax applies to establishments with four or more rooms.
Douglas magazine delivers exciting, in-depth news and features about Victoria, British Columbia’s vibrant business culture — its startups, disrupters and influencers. With its clear-eyed, contemporary take on business, Douglas inspires local leaders with content about how entrepreneurship is changing our city — and our world.