- Canada’s federal government proposed a temporary exemption from GST/HST for specific consumer goods
- The exemption will allow Canadians to buy essentials like groceries, children’s clothing, and gifts tax-free
- The tax break will apply to items such as children’s clothing, toys, prepared foods, restaurant meals, snacks, alcoholic beverages, books, newspapers, puzzles, and Christmas trees
- The exemption will be in effect from 14 December 2024 to 15 February 2025.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Canada"
- CRA Announces Major Changes to Voluntary Disclosure Program Effective October 2025
- Canada and Ukraine Sign Customs Agreement to Enhance Trade and Combat Violations
- CRA: Insurance Premiums Must Be Separated from Lease Payments for GST Exemption
- Navigating CRA Audits: How Canadian Companies Can Reduce Proposed GST/HST Assessments
- CRA Waives Late-Filing Penalty for Amended GST Returns Filed Before Deadline