Businesses: Prepare for BC PST on more professional services
Tax alertEffective Oct. 1, 2026, businesses providing or purchasing certain professional services in BC must manage 7% PST and new compliance rules.
04 Apr 2022 1 min read

Several accounting standards and tax regulations are now on the cusp of change, some of which have remained unchanged for almost 30 years. For bankers, this may result in confusion, questions and concerns from clients—along with the need to revisit some of your processes and agreements. Advance preparation will be key to ensure your clients are well-informed and to effectively support their future growth and plans.
Effective Oct. 1, 2026, businesses providing or purchasing certain professional services in BC must manage 7% PST and new compliance rules.
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