Saskatchewan has issued Information Notice 2018-07, “Provincial Sales Tax on Vehicles,” and updated the following bulletins for changes announced in the Saskatchewan 2018 Budget:
Effective April 11, 2018, PST applies to the selling price of a vehicle net of the trade-in value applied to its purchase price, and the PST exemption for used light vehicles has been eliminated. The private purchase of a used vehicle for less than $5,000 will be PST exempt, provided it is not registered for commercial use. Previously, these purchases were eligible for a $3,000 deduction when determining the tax liability. Purchases of used vehicles from auctioneers, dealers and vendors from outside of Canada are not eligible for the private sale used vehicle $5,000 exemption.