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Sales tax and VAT updates for modern finance teams

Anrok’s team of tax experts shares the latest rate changes, taxability updates, and other news you need to know.

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Nova Scotia HST dropping to 14% on April 1, 2025

October 22, 2024

Nova Scotia will reduce its Harmonized Sales Tax (HST) rate from 15% to 14% on April 1, 2025. The provincial portion will decrease from 10% to 9%.

The bottom line: The government has published transitional rules explaining which rate applies to transactions occurring around the implementation date. Businesses should ensure any necessary system changes and invoicing updates are made before April 1, 2025.

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