Torstar News Service Robert Benzies reports:
'Book soon and “beat the tax.”
That’s the advice of Revenue Minister John Wilkinson to anyone making recreational plans for the summer.
“Flights
within Canada, services like gym memberships, landscaping and … theatre
tickets” will be cheaper if purchased Thursday or Friday, Wilkinson
told the Star.
With the transition toward the harmonized sales
tax starting Saturday, Ontarians should brace for levies on numerous
goods and services to rise from either 5 per cent or 8 per cent to 13
per cent.
But Wilkinson said Wednesday that consumers – most of
whom are receiving “transition” cheques of up to $1,000 per family
starting in June—could get a tax break on many things by shopping early.
“Some
businesses are having ‘beat the tax sales.’ The rules are very clear,”
the minister said, referring to the transition regimen announced last
Oct. 15 to relatively little fanfare. There was no further announcement
from the provincial government.
Because of the lack of media
coverage on the phase-in, many Ontarians are likely unaware that as of
Saturday, they will begin being charged the full 13 per cent HST on
anything to be used after July 1.
That means, for example, that
a flight from Toronto to Vancouver booked within the next two days for
travel anytime after Canada Day would be taxed at a lower rate than one
purchased this weekend or later.
Theatre tickets bought after
this Saturday for an August performance of, say, As You Like It at the
Stratford Shakespeare Festival would be more expensive than those
picked up beforehand.'
Are you making purchases now, or prior to July 1, to beat the tax? Do you believe the economists and experts who say the benefits of the HST to business will eventually pay off for consumers?
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