Post details: No More Tax On Bicycles!


Permalink 08:07:44 am, by sue Email , 228 words   English (CA)
Categories: Urban Living, Lets Go Shopping!

No More Tax On Bicycles!

Here in Ontario, Canada we will no longer have to pay a provincial sales tax or PST on bicycles! How cool is that! B) Maybe not as cool as Betty Boop, but I still believe this is a step in the right direction to promoting eco-friendly transport, and healthier lifestyles. Here is a news snippet:

Premier Dalton McGuinty is passing on some good news to cyclists and prospective cyclists in Ontario.

Beginning December 1st, the P.S.T. will be eliminated on all bike helmets and bikes under $1,000.

Will Mills, at Cycle Solutions on Parliament St., says the move by the Premier will go a long way to encouraging more of us to ride and adds, "the exemption on bike helmets is a move in the right direction to promote bicycle safety."

Mills says bikes in their store start at around $359, on that purchase the exemption will save his customers around $30.

Also priasing the move is City Councillor Adrian Heaps, Chair of the Toronto Cycling Committee. Heaps says any reduction in price gives consumers the opportunity to consider a purchase they might not have considered before.

Heaps also points out, the reduction in P.S.T. combined with the impending further cut to the G.S.T. means even more savings for cyclists.

Full article here

Kudos to the provincial government! Awesome news indeed! :D



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