If you’re at a wedding some time after the harmonized sales tax kicks in on July 1, don’t complain if you get cake for dinner and dessert. You’re saving the bride and groom some money.
When the HST takes effect Thursday, wedding cake will be exempt from the levy, but not catered meals — one of the quirks that come with the controversial tax.
The Canada Revenue Agency, which will administer the new tax system, devotes 35 pages to food and the HST, and there are deals to be had.
Because a food or beverage hasn’t been defined under the federal Excise Tax Act, the revenue agency has made its own definition on products it considers to be basic grocery items and which are value-added, meaning a 12 per cent hike in B.C.
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