DJB & Company Chartered Accountants sponsored a very informative and simple overview on the upcoming harmonized sales tax which will become Provincial Law on July 1st, 2010 for Stoney Creek Chamber Members at Michelangelo's, February 25th.

Theresa Beninger, B. Math, C.A., is the specialist in HST at DJB & Company and her slide presentation educated her large audience on the advantages and disadvantages of HST for both business and consumer.

Ms. Beninger used serveral examples to explain the anticipated savings that companies can expect when receiving rebates of HST.  These savings should eventually be passed on to the end buyer.

The administration of monthly reports was explained and as pointed out, one remittance will cover all taxes.

We thank DJB & Company for their assistance in explaining the new HST and the administration of reports.