Sales tax in Newfoundland and Labrador

Newfoundland and Labrador charges a single harmonized rate. Many businesses here sell into other provinces, and freight-heavy trade brings a second question with it: how delivery charges are treated for tax alongside the goods they carry.

Freight tax is a genuine trap — it has broken ledgers, accounting bridges and returns independently — and SeroBooks records it as its own component rather than folding it invisibly into a total.

For businesses shipping regularly, two habits pay off: confirming that delivery charges carry the treatment you intend, and reconciling the tax report against the sales ledger each period so a systematic error surfaces in weeks rather than at year end.

Both are on-screen checks rather than manual samples.

Tax is decided per line, not per invoice. Each line's treatment comes from the product's tax category and the place of supply, so a GST-only item and a GST-plus-provincial item sit on the same sale without anyone thinking about it. Combined rates split into their federal and provincial halves in the ledger — one payable account per tax actually levied — which is what lets a return be filed from the books rather than rebuilt in a spreadsheet.

The Tax report then reads that same ledger for any period: taxable sales by rate with the base for each, zero-rated sales counted rather than dropped, credit notes netted, and a self-check against the sales ledger that says so out loud when the two disagree. Input tax credits accrue from purchase documents as they are entered.