09/18/2026
Well... Keep up people! ๐๐ง๐
PSA.... I only posted this (below) hours before Eby announces YET again another change to the PST idea....be it great news, what's your thoughts? Post in the comments
๐ค Look forward to reading them ๐ฟ
Big update for B.C. businesses! ๐จ
The B.C. government has officially announced an indefinite pause๐ซท on the planned added Provincial Sales Tax (PST) to professional services.
Here is what you need to know:
๐ The Expansion is Paused: The 7% tax will NOT be added to professional services on October 1st as originally planned. ๐๐๐
๐ผ Who it affects: This impacts services like accounting, bookkeeping, engineering, architectural, security, geoscience, and non-residential real estate.
& We the tax payers.
๐ง Why the sudden change?
Premier David Eby stated the province is holding off to give local businesses more "breathing room" ๐ถโ๐ซ๏ธ and financial flexibility amid growing trade uncertainty and U.S. tariffs.
The official news release dropped today (Sept 18) at 11:50 AM.
Drop a comment below, let me know what you ๐ค think....
Old News......๐ Was.....
Oct 1st 2026 7% PST is Here
What does that mean for these professionals and their clients?
If YOU are one of these professionals listed below,
Reach out to trusted professionals for help like BTM LAWYERS LLP
Accounting Services: Includes bookkeeping, payroll preparation, tax returns, and assurance services (PST applies to the full 7% rate on the fee).
Security Services: Includes private investigation, security guards, alarm monitoring, security consulting, and armoured car services (PST applies to the full 7% rate).
Non-Residential Real Estate Services: Includes commercial real estate trading services, rental property management, and strata management services.
Architectural Services: Taxed at an effective rate of 2.1%, which applies to 30% of the purchase price of the fee.
Engineering and Geoscience Services: Taxed at an effective rate of 2.1%, which applies to 30% of the purchase price of the fee.
Starting October 1, 2026, B.C. is expanding the Provincial Sales Tax to apply to a range of professional services for the first time, including accounting, real estate services, and property and strata management.
For businesses that provide these services, this means new registration and collection requirements. For businesses and property owners who rely on them, it may mean added costs on existing contracts and agreements.
If you have questions about how this change may affect your business or your contracts, we are happy to help you sort through it.