Restaurant owners have been complaining about the HST since its inception. KT Restaurant owner Klaus Tribes is happy to see an end to it. ``It added a 7 percent tax to restaurant meals which immediately affected sales,'' says Tribes. He believes that if the added tax disappears from restaurant bills there will be an upturn in his sector. ``Absolutely,'' emphasizes Tribes. Downtown Vernon Association President Ruth Hoyte says businesses will be waiting to see how the province will balance its budget. ``it's going to cost about three-billion dollars to revert back (to the PST-GST) and we're looking to see how the budget is going to be handled to lessen the impact on the business affected,'' says Hoyte. She also has some concern for the film industry which has benefitted from the HST. ``I'll be looking to see if they remain in BC or if they choose to move out of province where there is a favorable tax regime for their industry.''
DON QUIXOTE VS. CITY HALL When an American gets mad, he says "where's my Gun". When a Canadian gets pissed off he says "Where is my pen, I'm going to send a letter to the EDITOR". When the EDITOR won't publish his letter he sets up his own BLOG page. When I received enough support to get a Council Seat the dogma of the establishment became : "Better to have him inside the tent pissing out, than outside pissing in." (Only time will tell !)
Friday, August 26, 2011
HST Results ``Opportunity For Change'' Says Chamber GM - Restaurant owner jubilant, film industry suffer
Restaurant owners have been complaining about the HST since its inception. KT Restaurant owner Klaus Tribes is happy to see an end to it. ``It added a 7 percent tax to restaurant meals which immediately affected sales,'' says Tribes. He believes that if the added tax disappears from restaurant bills there will be an upturn in his sector. ``Absolutely,'' emphasizes Tribes. Downtown Vernon Association President Ruth Hoyte says businesses will be waiting to see how the province will balance its budget. ``it's going to cost about three-billion dollars to revert back (to the PST-GST) and we're looking to see how the budget is going to be handled to lessen the impact on the business affected,'' says Hoyte. She also has some concern for the film industry which has benefitted from the HST. ``I'll be looking to see if they remain in BC or if they choose to move out of province where there is a favorable tax regime for their industry.''
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment