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Friday, 27 March 2020

How much % is tax (20 characters)?

Patricia Dornbos: GST = 5%PST = 8%Total = 13%0.13/1 = 0.13. So that would come to a total of $1.13Just take the percent and change it to a decimal. Then divide the price without taxes by the decimal number. In your case, the decimal number would always be 0.13 unless the GST changes or Ontario changes their PST.Edit: The PST changes for some things in Ontario. Instead of 8%, it is 5% on lodging, 10% on entertainment, and 12% on alcohol....Show more

Wilfred Santacruce: The Goods and Services Tax is 5 per centThe Provincial Sales Tax is GST 8 per centThe total sales tax would be 13 per cent.for a loonie's worth, you will be taxed a nickel by the federal government and a nickel and three pennies by the province of Ontario, a total effective tax of a dime and three pennies. you will have to pay $1.13....Show more

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