BC Gov Consumer Taxation Information Update: 4/4/2018

This is notification of a document revision.
 
Document: What's New in B.C. Sales Taxes
Source: Consumer Taxation Branch
URL: https://www2.gov.bc.ca/gov/content/taxes/tax-changes/whats-new/sales-taxes
 
New carbon tax and motor fuel tax return forms reflecting the April 1 changes will be available on May 1, after your March return is due.  If you need to submit an amended return for March 2018, you can find the previous form on our website.
 
New carbon tax refund forms will be available on April 9.  These forms reflect the tax rate increase effective April 1, 2018.  To file an application for refund of carbon tax or security paid prior to April 1, 2018, find the form on our website.
 
1.  Bulletin MFT-CT 001, Fuel Sellers, has been revised to reflect the following change:
 
                - Effective April 1, 2018, marine diesel fuel is exempted from motor fuel tax when used in interjurisdictional cruise ships and ships prohibited from coasting trade
 
2. Bulletin MFT-CT 005, Tax Rates on Fuels, has been revised to reflect the following changes that are effective April 1, 2018:
 
                - Carbon tax rates that apply to fuels in B.C. increased
 
                - Motor fuel tax rates on clear gasoline and clear diesel in the Victoria regional transit service area increased to 5.5¢ per litre
 
                - Marine diesel fuel exempted from motor fuel tax when used in inter-jurisdictional cruise ships and ships prohibited from coasting trade
 
3. Bulletin MFT 004, Fuel Tax Refund for Persons with Disabilities has been revised to:
 
                - Reflect the change in name from the Ministry of Social Development and Social Innovation to the Ministry of Social Development and Poverty Reduction
 
                - Update the refund rates for fuel purchased in the Victoria regional transit service area
 
                - Clarify that authorized representatives of the Ministry of Social Development and Poverty Reduction may complete the Office Use Only portion of Step 6 (Release of Information Consent) of the application for registration form (FIN 119)
 
                - Clarify that Service B.C. representatives may be authorized representatives of the Ministry of Social Development and Poverty Reduction
 
 
The PST rates that apply to sales and leases of passenger vehicles with a purchase price of $125,000 or more changed on April 1, 2018.  The following bulletins and forms were revised to reflect the change:
 
- Bulletin PST 116, Motor Vehicle Dealers and Leasing Companies
 
- Bulletin PST 308, PST on Vehicles
 
- Bulletin PST 307, Goods Brought into BC for Temporary Use
 
- Bulletin PST 310, Goods Brought into BC
 
- Bulletin PST 312, Gifts
 
- Bulletin PST 315, Rentals and Leases of Goods
 
- Bulletin PST 318, Trusts
 
- Small Business Guide to PST
 
- FIN 402, Temporary Use Remittance Return
 
- FIN 405, Casual Remittance Return
 
 
If you need further information, please call us toll free in Canada at 1 877 388-4440.