PST rebate for capital investments now available

Business in BC can now apply for Provincial Sales Tax rebates on purchases or leases of machinery and equipment, including tools, furniture, computers, software and zero-emission vehicles.

The rebate, announced in September, allows incorporated businesses to recover 100% of PST on most machinery and equipment purchased between Sept. 17 last year and Sept. 30 of this year.

Applications can be made until Sept. 20 for the first window. A second window of eligibility begins in October and continues to March 31, 2022. Rebate eligibility is based on the Canada Revenue Agency’s Capital Cost Allowance classes.
Apply for PST Rebate