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Do you have to pay HST on a used boat?

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  • #16
    Originally posted by Sitkaspruce View Post
    If you Reg with Service Canada, it takes about 7-10 month for the BC tax man to come collecting, but he will.

    Also, get a bill of sale for the trailer, just the hull and all the other stuff that came with it. In other words get three bills of sale with a breakdown for each item. The just take in the Bill of Sale for the hull to SC to get it registered, ditto for the trailer and the last is a piece of mind in case something happens like Profisher said.

    Cheers

    SS
    Service BC checks with Service Canada(or whoever) on a semi regular basis for changes to vessel registration.That's how they keep track of things.Sometimes you get caught pretty quick,sometimes it takes a bit longer. I decided to pay mine promptly because by the time they caught up to me, HST would have been implimented and although I bought my boat in 2009 I might possibly have had to pay the 12% instead of just 7%.I didn't want to chance that.Besides,I like to make things easy for the taxman. I love the guy as much as you guys do.
    Dave
    17'2" Hourston Sportsman
    115 HP Mercury Optimax
    8 HP Mercury 4 Stroke
    sigpic

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    • #17
      So was just reading up on this thread and I'm wondering if anyone knows what the deal would be if I bought a boat now and held off on registering it until 2012, would I pay HST or just pst on it? Fvck! So confused. Maybe I should just print up some k numbers myself and then tax man gets none.

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      • #18
        Hypothetical question. What if the seller is a business and charged the HST on the sale?

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        • #19
          Originally posted by Dave S View Post
          So was just reading up on this thread and I'm wondering if anyone knows what the deal would be if I bought a boat now and held off on registering it until 2012, would I pay HST or just pst on it? Fvck! So confused. Maybe I should just print up some k numbers myself and then tax man gets none.
          you would only pay 7% pst if you held off till the taxes are changed.
          at least that is what happened under the old system.
          who knows what kinda spin the gov't will throw at us this time ?

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          • #20
            Yes. See http://www.rev.gov.bc.ca/documents_l...ns/ctr_001.pdf

            the tax on used was likely brought in because Jimmy P's dealership clout lobbied that private sellers and unlicenced car dealers had an unfair advantage when selling used cars. If a business buys or sells anything with HST/GST, they will collect or pay it as needed. If you buy it personally, then try to transfer to the co, you will get shafted twice, but if you buy it originally in your business name, you will get the GST input tax credit. If it is large and noticeable on your HST return, CRA will usually call you asking what it was. If your ITC is not unusually large, it is possible that no one will ask. They will get on your case if the boat was not for business use and make you pay the tax, because once it has a deemed change of use (mostly personal use), then the GST is payable by self assessment or at time of audit. If you are a charter business, no problems there.

            If you are importing boats and trailers, make sure you get separate bills of sale or one bill of sale with the trailer and boat separated,or some jackass at the border might want to bill you for the whole value, then they might try that again at ICBC when you go to get it licenced, then you have to apply for refunds where you got overcharged. That could be hard to do if there are no separate values assigned on the bill. Assume there is a jackass behind the counter or the badge and split the values on the bill for your US boat.

            Just remember that for those who forget to pay the tax or try to "gift" their boat for unbelievably low values, the tax man will apply interest and often penalties too.

            I registered mine with Transport Canada and followed the process. I later noticed that Transport Canada has a boat registration search tool online, but my boat and my name were not on it. I guess they can screw up whenever.

            Good luck.
            NAUTIGIRL (that's my boat's name- no I am not a chick!)
            VICTORIA- SOOKE- SOUTH ISLAND
            SALT, RIVER, OR LAKE- COUNT ME IN!

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            • #21
              The following wording is taken from the Federal Government's "APPLICATION FOR PLEASURE CRAFT LICENCE".

              The personal information provided on this form is collected under the authority of the Small Vessel Regulations of the Canada Shipping Act, 2001. This information is collected for the purpose of
              issuing licences in order to identify owners and operators of pleasure craft, as well as to monitor and ensure compliance with the Small Vessel Regulations. (Note: A licence document does not
              establish ownership of a pleasure craft.)Information may be disclosed to parties involved in search and rescue activities, as well as law enforcement agencies for the purpose of carrying out a lawful
              investigation and enforcing any law of Canada, including the requirement to pay provincial sales tax.
              The information collected is described in the Personal Information Bank entitled Pleasure Craft
              Licences (bank number DOT PPU 044). Under the provisions of the Privacy Act, individuals have the right of access to, and protection of, their personal information. Instructions for obtaining
              personal information are provided in Info Source, a copy of which is available in major public and academic libraries or online at

              Seems to me that if one signs the form, that person has given permission for the information to be disclosed to provincial tax authorities.

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              • #22
                When we finally get back to the old GST/PST system will the GST portion for used vehicles not revert to what it originally was - 0% so that only the PST will be paid (7%)? Do you think that the current HST level of 12% will remain in force as PST? Man, this crap of paying tax upon tax for used stuff pisses me off to no end!

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                • #23
                  What a laugh. Do you really believe it will go back to the way it was? They have too much revenue to make up-also 1.6 billion they owe the feds for the failed HST. If you voted no to the HST -reality is about to bite you. Gov'ts never give back money and you can take that to the bank!!!
                  [ATTACH=CONFIG]temp_18057_1446324525535_776[/ATTACH]"So many fish-So little time"

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                  • #24
                    The amount of taxes that we are paying in Canada is completely crazy.
                    Even taxes are taxed and taxed again.
                    Look at the tax on a litre of gas or the Property Transfer Tax
                    Govt is simply spending too much we have more govt than what we need.
                    It doesnt matter if you call it HST or GST the Govt needs to collect the money they spend from you and I.
                    Wake up!!!!!!!!!!!!!!!

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                    • #25
                      Just pay cash for everything and drive it underground. That's where most of the business is being done now.

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                      • #26
                        My experiences:
                        A
                        1) I purchased a boat and trailer from a private party on April 9, 2001.
                        2) Shortly after April 9, 2001 I sent in the Pleasure Craft License Form to have the boat transferred to my name.
                        3) In a letter dated June 18, 2001 the Consumer Taxation Branch notified me that it had come to their attention that Boat License # 13K-xxxxxx was recently registered in may name and that provincial sales tax was payable.

                        B
                        1) In July 2011 I purchased a boat in the US
                        2) At the border I had to pay 12% tax on the boat and 5% tax on the trailer.
                        3) When I had the trailer inspeced at Canadian tire I was charged an enviromental fee of $5.00 per tire.
                        4) When I registered and had the trailer licensed I had to pay 7% on the trailer.

                        The following is a quote from my Pleasure Craft License.
                        "When the ownership of a licesnsed pleasure craft is transferred, the new owner shall immediately make application to the issuer to transfer the license."
                        This document also states
                        "THIS LICENSE IS NOT A TITLE DOCUMENT"

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                        • #27
                          So, I am looking at buying a boat that is being brought into canada but it is registered in the USA. Guy is canadian but lives in Washington and is coming up for weekend and bringing the boat.
                          The boat is 15 years old and trailer is 8 years old.
                          Does anyone know how I would go about getting the boat and trailer registered?

                          Thanks,
                          Dave

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                          • #28
                            Originally posted by Dave S View Post
                            So, I am looking at buying a boat that is being brought into canada but it is registered in the USA. Guy is canadian but lives in Washington and is coming up for weekend and bringing the boat.
                            The boat is 15 years old and trailer is 8 years old.
                            Does anyone know how I would go about getting the boat and trailer registered?

                            Thanks,
                            Dave
                            I would get a bill of sale and a copy of his U.S. registration....
                            Then go to your ICBC agent with that info and ask them to transfer the trailer into your name and insure it.
                            After that is complete, go to Canadian tire and have them approve the trailer.

                            In order to license your boat, send a copy of the bill of sale and the US.registration to Service Canada.

                            They will in turn process the paperwork, send you your license and sooner
                            or later you will get a tax bill in the mail.


                            p.s. did you find an Arima ?
                            Last edited by r.s craven; 09-28-2011, 07:21 AM.

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                            • #29
                              Originally posted by r.s craven View Post


                              p.s. did you find an Arima ?
                              Hey Scott. Thanks for the reply. I did find an arima. 1996 sea explorer 17. Lots of arima upgrades and very clean. It's being brought over from the peninsula for thanksgiving. I know it's not the sea chaser but I think it will be a great boat and I am kinda into the idea of some overnight trips and sleeping in the cuddy. Pretty excited to get it.

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                              • #30
                                Congrats, the sea explorer is a nice boat and your's will have the starboard interior rather than the wood grain.
                                What kind of power on her ?

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