A temporary “tax holiday” could prove to be a “hot mess” for small businesses preparing to implement the new measure this week, according to the Canadian Federation of Independent Business. The Liberal legislation is set to go into effect on Saturday, slashing the goods and services (GST) or harmonized sales tax (HST) from dozens of…
Starting next month, Canadians could get a temporary “tax holiday” on dozens of items as a Liberal bill inches closer to becoming law. Bill C-78, titled the “Tax Break for All Canadians Act,” passed in the House of Commons Thursday night, with the help of support from the New Democratic Party. It will now be…
The Liberals’ GST holiday bill is one step closer to becoming law after it was passed by a majority of the House of Commons late Thursday night. The two-month tax break covers dozens of items, including children’s clothes and toys, video games and consoles, Christmas trees, restaurant and catered meals, wine, beer, candy and snacks….
Members of Parliament are set to vote on a Liberal bill proposing a temporary “tax holiday” for Canadians that is expected to pass with the support from the New Democratic Party. The legislation, which was tabled on Wednesday, calls for a two-month break on the goods and services tax or harmonized sales tax on dozens…
The Liberal government on Wednesday introduced legislation to implement its “tax holiday” for Canadians, but as a stand-alone bill that does not include a promised $250 rebate plan that has faced calls for expanded eligibility. Under the Liberals’ proposal, the bill will see the goods and services (GST) or harmonized sales tax (HST) slashed from a slew of items, including certain…
