The federal government's decision to waive the GST on certain goods between December 14 and February 15 presents significant challenges for small and independent businesses in Canada. Companies are facing costly and complicated reprogramming of their point-of-sale systems, with an average cost of $1,000 per business.
Canadian businesses are facing significant challenges as they prepare to comply with a federal government decision to waive the GST on certain products between December 14 and February 15. The move, designed to provide relief to families during the holiday season , has left many small and independent businesses struggling with the complexities of reprogramming their point-of-sale systems in time for the busy holiday period.
The Canadian Federation of Independent Business reported that the reprogramming could cost small firms an average of $1,000, adding to the financial strain on businesses already facing a difficult year
GST Canadian Businesses Holiday Season Point-Of-Sale Systems Small Businesses
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