Monday, December 16, 2024

GST/HST holiday has begun — but how does it work?

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CBC

GST exemption an ‘administrative nightmare’ for some B.C. businesses

As business owners in B.C. adapt to the federal government’s two-month-long GST exemption, some say they’re frustrated by the added administrative burden and an exemption list that leaves too much room for interpretation.In B.C., the tax holiday is offering a temporary break from paying the customary five per cent GST on purchases such as food, books, Christmas decor, restaurant orders and children’s toys, from Dec. 14 to Feb. 15.It comes as part of the federal government’s plan to alleviate cos

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