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#gst

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Public
joe•iuculano :mastodon:

Via Canada's #PMO - Mar 20, 2025

Prime Minister #Carney today announced..the Government of #Canada will eliminate the Goods and Services Tax (#GST) for first-time #homebuyers on homes at or under $1 million. This tax cut will save #Canadians up to $50,000 – allowing more young people and families to enter the #housing market and realize the dream of homeownership. By eliminating the GST, Canadians will face lower upfront housing costs and keep more money in their pocket

pm.gc.ca/en/news/news-releases

Prime Minister of CanadaPrime Minister Carney will eliminate GST for first-time homebuyersPrime Minister Carney today announced that the Government of Canada will eliminate the Goods and Services Tax (GST) for first-time homebuyers on homes at or under $1 million
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joe•iuculano :mastodon:

#ChristiaFreeland is set 2 announce today she will cut #GST for 1st-time home buyers if she becomes the next #PrimeMinister of #Canada

What she fails to mention→those buyers will still be nowhere near being able to afford one. As of Dec 2024, the average selling price of single-family home in #Montreal (among the least expensive cities in Canada): $637,400.
For $600,000, @ a favorable 5%, that's $3490/month #mortgage payment

Not even gonna bother looking up the more realistic 7% rate

#CANpoli
Public
Kevin Karhan :verified:

Exactly that is true: #Fragmentation kills the EU!

That's why there's no #AndroidPit #AppCenter anymore!

Thanks again to @dw_innovation / #DWnews for that video.

YouTubeCan Europe survive or thrive in the new world order? | Business BeyondBy DW News
#EUpol#DEpol#USpol
Public
joe•iuculano :mastodon:

Via #CultMTL, December 03, 2024

#NDP leader #JagmeetSingh has issued a strong statement on the #Conservatives’ decision to vote against the #GST #TaxHoliday, calling out #PierrePoilievre and the #CPC for “Bootlicking for Billionaires.”

....

Singh pointed out that, while Pierre Poilievre and the Conservatives voted against the GST Holiday, they did in fact vote to cut #CorporateTaxes by 7%, costing #Canadians $60-billion.

#BootlickingForBillionaires

cultmtl.com/2024/12/pierre-poi

Cult MTL · Pierre Poilievre and the Conservatives are ‘Bootlicking for Billionaires’NDP leader Jagmeet Singh commented on the Conservatives' decision to vote against the GST Holiday, calling out Pierre Poilievre and the CPC for ”Bootlicking for Billionaires."
Continued thread
Public
C.

#Etsy:

1. They blocked my account, insisting I add my "taxpayer ID" to my account.
2. I don't have a problem with that, *but* when you do so, Etsy stops collecting and remitting Canada's #GST and/or #HST from buyers. It's now Your Problem. However...
3. They do not provide a way to let sellers add the taxes to their prices/transactions. You just have to take it out of your item price. Which means...
4. Because #tax #rates vary across Canada, from 5% to 15%, you would have to set your price differently in each #province or #territory to account for it. But ...
5. Etsy does not provide a way to do that. So ...
6. You have to add 15% to your prices, charge everyone that, and then back-calculate the "real" item price differently for each province and territory, for every sale. Which is bad enough, but ...
7. Etsy does keep collecting the *#PST* from buyers in 3 of the provinces. So it effectively charges PST on the GST/HST you've included in the prices. Back-calculating from *that* is more painful. And you're lying about the amount of tax paid on the receipts Etsy generates, which is a *#crime*.

TL;DR: Etsy makes sales impossibly difficult, and makes you complicit in a crime while doing so. Fun.

2/x

Public
SnowshadowII :maple:

👉 💲 💲 Trudeau to announce temporary GST relief on select items heading into holidays :canmoose: 🎅

Watch the Conservatives block this!

"The temporary GST relief will apply to children’s items such as clothing and diapers, as well as pre-prepared hot meals. It will not apply to monthly bills.
❗❗ 👉 The Liberals’ proposed GST cut would require legislation, which means they need support from another party to break the current two-month standstill in the House of Commons. The impasse is over the government’s refusal to hand over documents related to a now-defunct green tech fund. No legislation can pass until debate on that issue ends."

#Canpoli #Holiday #GST #Taxes #Canada

ctvnews.ca/politics/trudeau-to

CTVNews · Trudeau to announce temporary GST relief on select items heading into holidaysPrime Minister Justin Trudeau will announce a two-month GST relief on select items heading into holidays to address affordability issues, sources confirm to CTV News.
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C.

Another post on my current issue with operating an #Etsy store in #Canada.

I want to explain exactly what the issue is, and see if any #Canadian #sellers know how to deal with this problem.

1. If you hit a certain sales threshold, Etsy demands you add your "taxpayer ID" to your account. This is your GST registration number, usually.

2. Once you add this to your account, Etsy stops collecting all sales taxes on purchases in Canada *except* the provincial sales tax from B.C., Manitoba, and Saskatchewan. It doesn't add GST or HST to sales. They tell you to submit it yourself from the sale proceeds.

3. Etsy provides no way to set #prices differently for different #provinces. Tax rates vary across Canada, from 5% GST in Alberta and the territories, to 15% HST in the maritime provinces.

4. So you have to pick a price that will allow you to take ~15% off each sale to remit as #taxes without losing money on each sale - but this higher price will be higher than it needs to be for provinces with lower tax rates, and even worse will have PST added on top for 3 provinces, jacking the price up even higher.

I ran into this over a year ago, and managed to convince them to take my GST ID off my account (they generally refuse to do this) so they collected the tax again, but they're now demanding I re-add it, which will trigger the above problem again.

Any other Etsy sellers in Canada know how to deal with this problem? Boosts appreciated.

#SalesTax#GST#HST
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