Just wondering if anyone else has ever been able to figure out how to set a custom tax rate on specific products.
A client of mine sells health foods which have 0% tax, but he also sells some health foods that are sold in “snack” size, which have to be taxed at 5%.
Kind of a random scenario I know, but any help would be greatly appreciated.
Canadian Tax Laws are strange that way, certain products are to be taxed for less.
“Other products are eligible for a point-of-sale rebate for the Ontario part (eight per cent) of the HST. This means you will only pay the five per cent federal portion of the HST. These include print newspapers, books (including audio books), diapers, children’s clothing and footwear, children’s car seats and booster seats, feminine hygiene products, and qualifying prepared food and beverages sold for $4.00 or less.”