With the introduction of the new Harmonized Sales Tax (HST) in British Columbia, Rocky Mountaineer Holiday packages will increase by up to 7%.
For those of you who are planning to book your holiday in Canada, or are about to book your holiday, be sure to read the following as you could save up to 7%. If you book and pay in full by the end of this month (April 2010), then you will only have to pay the standard Federal goods and services tax (GST) of 5%.
IMPORTANT ADVISORY – CHANGE IN CANADIAN SALES TAXES
The Province of British Columbia, Canada, has tabled legislation to introduce a Harmonized Sales Tax (HST) on goods and services, effective July 1, 2010. This tax will merge federal (GST) and provincial taxes (PST) into one single amount, the HST and will, unfortunately, increase the cost of your Rocky Mountaineer® Holiday by up to 7%.
The HST applies to all Rocky Mountaineer bookings with travel dates beginning in Canada after July 1, 2010.
Below summarises three options for consideration in the implementation of HST:
1. Bookings received prior to May 1, 2010 with a payment due date by April 30, 2010
Transitional rules allow bookings made prior to May 1, 2010 to be taxed under the old GST rules if the payment is due and paid for by April 30, 2010.
2. Bookings made after April 30th, for travel before July 1, 2010
Transitional rules allow bookings made prior as of May 1, 2010, for travel before July 1, 2010 to be taxed under the old GST rules.
3. Tax rate increases for bookings made after April 30th, for travel after July 1, 2010
The changes required to comply with the new HST will result in tax increases to an effective rate of 8% – 11% for Rocky Mountaineer bookings. Please note the following exceptions: Whistler Sea to Sky bookings all have a 12% tax rate, bookings with a cruise or VIA Rail component will have a tax rate determined by the originating province of the trip.
Please visit RockyMountainHolidays.com for more Rocky Mountaineer Tax Information.