InfoPEI

Revenue Tax (PST)

Revenue tax (PST) is a 10% provincial tax which applies to the purchase, importation, lease or rental of most goods and certain services in Prince Edward Island. The tax is applied to the retail selling price of taxable goods including the federal goods and services tax (GST).

The legislative authority for the levying and collection of PST in Prince Edward Island is the Revenue Tax Act and Regulations.

PST is a consumption tax and is paid by the consumer at the time of purchase or the taking of delivery of taxable goods for use in Prince Edward Island.

Legislation requires that the PST be shown separately from the sale amount or any other amount charged on all sales documentation. The 10% PST is added at the point of sale, and applied after the Goods and Services Tax (GST) is added to the price. For example:

Amount of Sale $100.00

GST (5%) $5.00

Sub-Total $105.00

PST (10%) $10.50

Total Payable $115.50

There are certain goods that are exempt of PST in Prince Edward Island. A list has been prepared for the convenience of vendors in carrying out their responsibilities under the Revenue Tax Act. Please refer to Revenue Tax Notice RTN:113 - Goods Exempt from Provincial Sales Tax for a list of goods that may be purchased by all consumers exempt of PST.

Businesses that sell taxable goods or provide a taxable service are required to obtain a Vendor Registration Certificate under the Revenue Administration Act and are responsible for collecting and remitting the tax.

Please note:
This page is prepared for information purposes only, and should not be considered a substitute for the applicable statutes. Should there be any conflict between the contents of this page and the statutes, the statutes shall prevail.