David Newsom, co-owner of Hildegard's Bakery in Winnipeg, says the federal government didn't give small business owners enough time to prepare for the GST holiday that begins Saturday. With the federal government's temporary GST break set to start this weekend, some Winnipeg businesses are hoping to see more customers — but others say they're stressed and scrambling to get ready.
He has to sift through half a million individual items in his shop to determine which are covered by the GST break. It would take almost two weeks of full-time work to sort through the inventory, he said. "The categories they list are so broad that literally the entire store could fall under one or more of the exempted products," Shantz said. "But you also could argue that they are not, which causes a big dilemma."GST holiday: How much are you actually saving? | About ThatThe federal government will implement a two-month GST break on a list of goods, from restaurant meals to diapers.
Beverages, including beer, are included — good news for Koop, the co-owner of Winnipeg's Devil May Care Brewing. Loren Remillard, president and CEO of the Winnipeg Chamber of Commerce, said while businesses are always in favour of anything that helps the consumer, the tax break wasn't something they were pushing for.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: GlobalCalgary - 🏆 50. / 61 Read more »