Retail industry praises GST holiday but says it may be 'laborious' for some

Associations representing thousands of the country's retailers and restaurants said Thursday that omitting GST charges on toys, groceries, books and more for two months will be a quick process for some, but time consuming for others.

Ottawa's list of qualifying goods is lengthy and wide ranging as it includes diapers and kids clothes, but also items such as newspapers, plush dolls, English muffins and bottled water. Lightspeed Commerce Inc., a Montreal-based company which sells point-of-sale software, said it will be up to merchants to make changes to their systems, but the work will be"relatively straightforward" because the company's software already allows shops to adjust tax rates on individual or grouped items.

While the period won't cover much of the holiday shopping nor Black Friday, it will include the start of the year, when retailers and restaurants typically see business slow.

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Retail industry praises GST holiday but says they may be 'laborious' for someRetail organizations are applauding a move to temporarily stop charging the federal sales tax on many items, but say the decision means some businesses have their work cut out for them.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Retail industry praises GST holiday but says they may be 'laborious' for someRetail organizations are applauding a move to temporarily stop charging the federal sales tax on many items, but say the decision means some businesses have their work cut out for them.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »