The hidden agenda of the new HST получите господа :-)
Добавлено: 27 сен 2010, 15:11
вот сегодня от моего бухгалтера пришло, он всем клиентам рассылает, все официально, без домыслов, теперь угадайте как это повлияет на цену конечного товара и как итог конкурентоспособность бизнесов, и главное насколько это "хорошо" для бизнесов.
Dear client,
Generally the HST is good for business because you can now claim a full 5%+7%=12% ITC refund on your inventory, equipments, office supplies, telephone & hydro bills etc., whereas the ITC refund was only 5% before the HST came in.
Both Ontario and BC have just introduced a new legislation restricting the ITC refund for large businesses. By definition, large business means that your purchases and expenses, for ITC refund purpose, is $10,000,000 or higher. The restriction works like this:
Year 2010 to 2015 100% ITC refund
2015 to 2016 75% ITC refund
2016 to 2017 50% ITC refund
2017 to 2018 25% ITC refund
July 2018 onward 0% ITC refund
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/ ... t-eng.html
What it means is that large businesses will get a full ITC refund only for the next 5 years. It will be watered down to zero refund after June 2018.
It may a good thing that if you become a large business 8 years from now, but it is certainly not good when it comes to itc refund.
Dear client,
Generally the HST is good for business because you can now claim a full 5%+7%=12% ITC refund on your inventory, equipments, office supplies, telephone & hydro bills etc., whereas the ITC refund was only 5% before the HST came in.
Both Ontario and BC have just introduced a new legislation restricting the ITC refund for large businesses. By definition, large business means that your purchases and expenses, for ITC refund purpose, is $10,000,000 or higher. The restriction works like this:
Year 2010 to 2015 100% ITC refund
2015 to 2016 75% ITC refund
2016 to 2017 50% ITC refund
2017 to 2018 25% ITC refund
July 2018 onward 0% ITC refund
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/ ... t-eng.html
What it means is that large businesses will get a full ITC refund only for the next 5 years. It will be watered down to zero refund after June 2018.
It may a good thing that if you become a large business 8 years from now, but it is certainly not good when it comes to itc refund.