New Brunswick has published a notice outlining the transitional rules for the upcoming increase in its Harmonized Sales Tax (HST) rate, from 13 to 15 percent, effective July 1, 2016. The transitional rules provide a standard methodology for determining the applicable tax rate for transactions that straddle the implementation date. Specific rules cover supplies involving tangible personal property, services, leases and licences, intangibles, and real property. In general, the transitional rules require the new rate of 15 percent to be charged on invoices dated on or after July 1, 2016.
For more information, please see the link below:
Transitional Rules for the New Brunswick HST Rate Increase