When tax is paid by a consumer to a business, the consumer is making an investment in services provided to Nova Scotians. The objective of the commission is to ensure the security of each taxpayers investment. It is the job of the commission to ensure the government receives the tax held in trust by business. It should therefore come as no surprise that businesses who fail to remit these trust funds will be severely dealt with under the Revenue Act. The table below shows generally how the penalties have increased in the new legislation.
Taxes owing includes the tax as well as interest and penalties.
The commission has a responsibility to communicate effectively with all businesses in Nova Scotia who collect or ought to collect taxes for the Province. The commission provides all relevant materials to help the business understand and properly pay the taxes. The auditing function uses strategies designed to ensure that tax is properly paid by consumers, recorded by businesses, and received by the Government within the required time limits. The commission is in the business of optimizing provincial revenues, while at the same time serving its customers fairly and professionally. Please use the online inquiry form if you have any questions, comments or suggestions.