The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

WV? 7.â€"â€" , ,, l u - warmtoo CHRONTCLE - Wednesday. lmuary 13,20“) ----------- ' ' "‘T"‘*""' " "" #] s u - ~ ~ g e OPS, . . How 9 HST ects our us1ness , E LEARAN . ‘.‘ TEE c : a “N M' 1 g . Matt *;| on have probably ' ' PST is primarily levied accountant fees, and many may be more complex in! i g . Youth $9, I Y heard orread 5,101 We. I i ‘\ \( ll 1 ii on most hard goods, and other service fees will all be you to compile and remit. . ‘j , m | ly about the pending ‘ , , , , , just a few services. subject to an eight percent To find out more of how 1 g l ' _ | new harmonized consump- BUS|\1‘.SS , This is essentially where provincial tax. the collection of this new ; g flaw? ,.._ . ‘ | no“ tax due w (an. effect ‘ . the difference lies between There will be. no doubt, harmonized tax will impact r 5 "2? it? later thisyear. is” j; , PST. and the federal gov» exemptions and possible your business, you are wel» I J, .. -‘-'-"“ ~ g, Q Although anti“) (temp , ' 1‘ l ernment consumer taxâ€" credits, but most con- come to join us at thi- ; ' g » J “I . _ l are yet to be revealed on ‘ . ‘ (EST. sumers will see a spike in Small Business (Ientre for i 3. u‘ ’0 ‘ ' f , . _ | how and when mg Wm roll , . i i (iS'l‘ stands for “goods is the tax they are paying for an information session on i f v out, we have some general , 3 I servtt‘es tax . . prevtously tax -exem pt HST being held on Feb. 24. I g A z» | ideas of how this new Har- § . This federal tax is far senices. For more details, and to i a ‘ / ., / | monized Sales Tax (HST) ‘ more extensive than its As a business owner, reserve a seat, please e- : . \\ 4 l will look. A pfovincial counterpart. you are currently reqmred mail me at roy.\~'eber@‘ i g | Let's take a look first at , ‘ GST is levied at five percent to collect the PST and (iST waterlooca. l ‘5‘ ‘ { JED,“ the current tax situation. ‘ W ROY 0“ most 800d5 39d “MC“ separately- i 3, r , and how it differs from the WEBER ‘ es consumed in (anada. ‘t'ou submit the PST colâ€" ; 5) L", | new harmonized tax. WW, 7 f - â€"~r~ A As consumers of these lected on the sale of goods l 5 MARKET SQUARE. There are currently two consumed in Ontario. goods and services we will to the provincial Ministry 2 DDWN'OWN ”WWW“ consumer taxes levied on The tax is collected by be paying more tax once of Revenue, and the CST B; 519-571-1891 purchases of goods and retailers or suppliers who the harmonized system is goes to the Canada Rev- RoyWeberisan adviser ; Man in. we. Sat. 9-5. Sun. 126 services from two was of are selling to the final con- imposed. enue Agency, with theWaterloo Small our government. sumer ofthese goods. Ontario consumers will When the harmonized Business Centre. in the province of We have all seen this tax have to start paying eight tax is implemented, you E-mail him at ; Ontario there is PST on our sales receipts at the per cent tax on a wide will only have to prepare rueber@waterloo.ca , F D l' (provincial sales tax). store. spectrum of services that one tax remittance. For more information on 1 i“ he “spa”, lt isan eight per cent tax We are the final con- they have not had to pay This will save you some rhesmallbusiness centre, levied on most goods and a sumer or owner of these before. id paper work and time, but visit the website at _ limited number of services goods, so we pay the tax on Services like haircuts, depending on the exemp- wwruuwerlooregion these items. auto repairs, lawyer and tions and credits allowed it smallbusinessrom _ o o o Conestoga College LINC Program Consumer outlook OptImlsth Language lnstruction for Newcomers to Canada ‘ The December RBC the holidays with money on as well as short term (three ' Canadian Consumer Outâ€" hand, which is among the month) prospects for their NEW! AFTERNOON ENGUSH CLASSES look report finds that highest levels in the country personal finances, job anxi- 311 5 p.m. ° 5:45 p.m. Ontario residents are among (the national average is 75 ety and a number of other the most likely to shop for per cent). factors. “hmwmmm post-holiday deals in lanu- ”Ontarians are feeling lob anxiety in Ontario has - ary. with 46 er cent plan~ more secure about theirjobs fallen significantly to 21 per - LNCIavdsllandS ning to hit rife stores com- and more optimistic about cent (equal to the national . 550mm Instruction . Reading/Writing and Listening/Speaking pared to 42 per cent nation» their future personal average) in December, down , , ally. finances, which should bode from 29 per cent in Novem- °C°mPUteiA55lStEd LanganELearning(CALU This is second only to well for consumer confi» ber. Atlantic Canada, where 52 dence in 2010," said lennifer Four~in~ten Ontarians , CALLORV‘S‘T US m per cent of residents are Tory, regional president. however, think that their . ‘ 300K“) Std/Vest 1-th not, planning to do some post» Greater Toronto Region, personal financial situation Monday -Fnday8.30&m. ”190 pm. mm on,“ N26158 holiday shopping. RBC. is worse than it was three ORJUST COME TO CLASS! 51198863300 As for financing their hol- The report also measures months ago. , . Mlmmgatmta iday shopping, nearly three- Canadians“ perception of Ontarians are more optiâ€" iH‘ ' ‘ Wm . . in-four Ontarians (74 per current conditions com- mistic about the longer ema mcaomtogx‘m'ca l" =?-â€" 23-73- (4 -"’1““ (HUME! cent) say they will pay for pared to three months ago, term. \ , ' n ‘ \ I, d l I: If“ 0:- - A“? (fr “1 aca| P "“ w A) "f ' . 3, .l . 6 fl mow» All COUNTRIES it TYPES - PASSPORT; ' "I! ARMS - VISA -wovut ID‘S I 1 5 t 1 g. c '~ - I’IIMANENT BINDING! -GOV‘T FOMS ‘ C ’ ‘ - (ITIZINSHIP - MANY MOI!!! J gig - mp l flag-1, wmmdmumwmmmmm 3 “ft;- fl“: it? i» no A'POINTMINTS “can" mmmmuamSOMHnanho-y.mu ‘ '-‘51$fti?f”~:4 1 t... J Bent’s f “fiat 3-5" n - m if" foto source- A , ~ S.Ca PAS‘S/PBRtâ€"Lr ”ujnumwm " ‘ .\ “MM“ ‘ FASâ€"GLWO (511) “5.13“ , _ mm m.mm ' ~ »' 9 _ E , f fâ€"4___â€"â€"â€"â€"â€"-â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"“_