October 1, 2026: BC PST Changes Every Business Owner Should Understand

Many business owners assume sales tax rules stay the same year after year.

Unfortunately, that assumption can become costly.

Changes coming into effect on October 1, 2026, may impact how certain businesses collect, report, and remit Provincial Sales Tax (PST).

Why This Matters

Sales tax errors are one of the most common issues uncovered during audits.

Businesses often:

• Fail to collect PST when required
• Collect PST incorrectly
• Miss exemptions
• Claim incorrect purchases
• Misunderstand taxable services

Even honest mistakes can result in assessments, penalties, and interest.

Questions Every Business Owner Should Ask

• Am I charging PST correctly?
• Have my products or services become taxable?
• Have any exemptions changed?
• Are my bookkeeping systems configured properly?
• Is my staff applying tax correctly?

The Bigger Problem

Many businesses discover PST errors years later.

By then, they may owe tax they never collected from customers.

That means the business owner pays it out of pocket.

How Alchemy Helps

We review:

• Sales tax setup
• QBO tax configurations
• Taxable revenue streams
• Industry-specific compliance risks
• Filing processes

The goal is simple:

Make sure you are compliant before an audit finds the problem for you.

Ask Yourself

When was the last time someone reviewed your PST setup?

If you can’t remember, now may be the perfect time.

Book a consultation with Alchemy and we’ll help ensure your sales tax processes are working correctly.