How Do You Charge And Remit Retail Sales Tax In Manitobaretail Sales Tax And Your Small Business?
How does the provincial sales tax (PST) apply to your particular business? For the purposes of illustration, let’s assume that you operate a small business in Manitoba, selling stained glass ornaments and art objects that you’ve designed. In Manitoba, provincial sales tax is called Retail Sales Tax (RST) and is charged at a rate of 7%. (Saskatchewan (PST rate 5%), Prince Edward Island (PST rate 10%) and Quebec (QST rate 7.5%) also have retail sales tax in addition to GST. LINK See How To Charge and Remit Provincial Sales Tax in Saskatchewan and/or my Provincial Sales Tax library of articles for more information.) 1) Do you have to charge Retail Sales Tax (RST)? Yes. RST must be charged on the sales of all tangible property, unless exempt. The Government of Manitoba defines “tangible property” as “anything that can be seen, weighed, measured, felt, or touched; that is, anything that we can perceive with our
