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

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A temporary pause on charging the federal sales tax on many items has retailers excited, even though they say preparing for the relief will mean a lot of extra work in a short period of time.

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."Every retailer is going to be different because everyone's system is different, but it can range from being a simple fix to being quite laborious," said Matt Poirier, vice-president of federal government relations for the Retail Council of Canada.

Once they've identified what qualifies, Poirier said retailers will have to set up their point-of-sale software to cope with the changes. Dan Kelly, president of the Canadian Federation of Independent Business, agreed such tasks can be "reasonably straightforward" for restaurants and food service businesses, but said it "may add confusion and complexity for general retailers."

CFIB's Kelly has already heard from one retailer of children's products who fears missing so much of the busy shopping season will mean the cuts negatively affect sales. Several businesses he talked to said the changes would be "very doable," but Roy acknowledged "the size of the restaurant makes a big difference here."

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Canadians will soon receive a temporary tax break on several items, along with a one-time $250 rebate, Prime Minister Justin Trudeau announced Thursday.Canada's consul general in New York doubled-down Thursday on his past claim that he exerted no influence on the decision of Global Affairs Canada to buy a $9 million condo in Manhattan.Canadians won’t have to pay GST on a selection of items this holiday season, the prime minister vowed on Thursday.A mother shares with CTVNews.

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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 Leggi di più »

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 Leggi di più »

Retail industry praises GST holiday but says it may be 'laborious' for someA temporary pause on charging the federal sales tax on many items has retailers excited, even though they say preparing for the relief will mean a lot of extra work in a short period of time.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »