On Tuesday, April 16, 2013, the Manitoba Minister of Finance, Stan Struthers, presented the province’s 2013 Budget. The following is a summary of the Sales Tax highlights from the 2013 Manitoba Budget.
The general provincial sales tax rate will increase from 7% to 8%, starting July 1, 2013 for a ten year period ending June 30, 2023.
The following exemptions will be applied effective July 1, 2013 to:
- child safety restraint systems, such as car seats and booster seats;
- baby supplies, including diapers, strollers, cribs, gates, monitors, and items used for nursing, feeding or bathing;
- bicycle helmets (both children and adults) and
- the sales tax exemption for qualifying sand and salt mixtures purchased by municipalities will be expanded.
For the same ten-year period, the following retail sales tax rates will also increase:
- the sales tax rate on mobile, modular and ready-to-move homes, to 4.5% (from 4%);
- the reduced sales tax rate for electricity used by qualifying manufacturers, mining companies and oil well operators, to 1.6% (from 1.4%); and
- the prorate vehicle tax rates (varies depending on vehicle type and year of acquisition).