How to setup Invoices Tax code for the Province of New Brunswick, Canada?

Updated on October 18, 2016 06:27AM by Admin

Users in the province of New Brunswick, Canada can easily set up their online invoices to charge for the proper taxes.  In the province of New Brunswick businesses are required to charge HST taxes on all products/services they sell. You can use our multi rate tax codes calculator to make these tax rates available for use when creating invoices.

The tax code followed in the Province of New Brunswick,Canada is:

  • The Harmonized Sales tax (HST), is a value-added tax and is composed of the federal GST ( 5% ) and a provincial (PST) component of 8%
  • The total tax rate is 13% which is applied to all goods and services taxable under the federal excise tax Act.

Reference: Harmonized Sales Tax(HST) rate of the province of New Brunswick,Canada is referred from Wikipedia( Sales Taxes in Canada) web site.

Steps to configure taxes on Invoices App settings

  1. Log in  and access Invoices App from your universal navigation menu bar.
  2. Click on “More” icon and select "Settings" at the app header bar.
    Invoice Settings
  3. Click on “Invoice” and select "Taxes" from the left navigation panel.
    Taxes
  4. Select “Multi Rate Taxes” and click on “Create” button.
    Create Multi rate Tax
  5. Create multi tax rate pop-up will emerge. You can “create” or “add” taxes from the list.
    Create Popup
  6. If you create tax provide tax code, tax rate type and percentage.
    Create Tax
  7. In tax rate type, there are two options:
  8. Click “Create” to get done with your multi tax formation. Which indicates with a tax code created popup.
    Created Tax
  9. You can enable or disable a tax code by clicking the highlighted symbol under the actions column.
    Disable Tax
  10. Now, we proceed with creating a new invoice with the above settings.
  11. You can either Email an invoice with PDF attachment or manually print invoice to be provided to your customer.
  12. This is how a customer views Invoice tax code items subtotals in PDF format.
    PDF Template

Follow this link to know more about Invoices tax code followed in various countries