GST/HST Holiday Concerns Small Firms

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tax holiday bill

financialpost

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Tax holiday on GST will be more work than it's worth, smaller retailers worry

Summary

Nutrition label

73% Informative

The Canadian Federation of Independent Business polled its members on the upcoming tax holiday and heard back from 3,500 .

Three quarters of respondents said it would be costly and complicated to implement the holiday.

Sixty-five per cent said there is not enough time to implement change.

She said she’d like to see the tax holiday last longer and car seats, which are among the tax-exempt items, be permanently tax free because they’re an essential item. Email: [email protected] Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here..

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful