Clear books for Victoria businesses. Online across British Columbia.

Proudly CanadianCall +1 888-609-3040

Victoria business resources

October 2026 Accounting PST: What Victoria Owners Should Check on the Invoice

BC's published accounting-services PST guidance has an October 1, 2026 effective date and transitional rules. Victoria owners should review actual billing, payment and service records before assuming an invoice is taxable or exempt. A simple instruction to apply tax only to October work is incomplete.

Last reviewed September 6, 2026Victoria, British Columbia

Identify the dates that matter

The provincial guidance includes bookkeeping within accounting services and sets a 7% rate for taxable accounting services. Specific exemptions and applicable jurisdiction rules still require review. Transitional treatment considers when consideration is paid or becomes due, alongside when the services are provided.

Under the published rules, consideration paid or due before October 1 can escape PST when the services are entirely provided before December 1. If part extends into December, consideration attributable to services from October 1 becomes taxable. For consideration first paid or becoming due from October 1, PST applies regardless of service timing unless exempt. Paying an already-due September amount in October does not create a new October trigger.

Build an invoice review record

Keep the agreement, service-period description, invoice issue date, contractual due date and actual payment date together. Invoice issue and payment due dates are not necessarily identical. Record which dates the reviewer used and why, especially where a prepaid package covers more than one month.

For recurring accounts, make a short list of templates and subscriptions that may need a change. Agree who reviews the tax treatment, who updates the billing system and who checks the first issued invoice. Do not let a bank rule or an automatic recurring template make the legal decision silently.

Illustrative example: two packages need separate review

A Victoria studio has one bookkeeping package covering October and November and another broader assignment continuing through December. Both arrangements were discussed in September. That conversation date alone is insufficient: the reviewer still needs the actual payment or due dates, the scope and completion dates.

Create a row for each agreement rather than using one blanket answer for the supplier. If the December assignment has several components, retain enough detail to support the allocation the reviewer determines. This example illustrates the required evidence; it does not resolve an invoice without the missing facts.

Check the guidance again before changing the file

This article was checked September 6, 2026 against the Province's accounting-services guidance updated August 24, 2026. Recheck the current official guidance and any relevant exemption before making the final billing or return decision.

Once treatment is agreed, retain the decision beside the source documents and reconcile any adjustment with the supplier. If PST was not charged where payment may be required, ask the adviser to review the next step. Keep that review separate from automatically increasing every historical bookkeeping expense by seven percent.

Put this into practice

Sources and current guidance

A practical next step

Bring the records you have.

We can identify missing information, agree on the scope and organize the next bookkeeping step.

Request a bookkeeping review