Businesses unprepared for sales tax transition

A recent survey has revealed that 63 per cent of businesses do not feel prepared for the transition back to the Provincial Sales Tax.

A recent survey by the B.C. Chamber of Commerce has revealed that 63 per cent of businesses do not feel prepared for the transition back to the Provincial Sales Tax on April 1, 2013.

“There are many PST resources now available that BC businesses need to utilize and be made aware of,” said Arlene Fenrich, president of the Summerland Chamber of Commerce.

“Chambers of Commerce are working cooperatively with the provincial government to make sure this knowledge gap is filled. Together we can ensure that the coming transition is a smooth one.”

In total, 970 businesses across British Columbia took part in the PST business survey. Of those, 62 per cent were not aware of the changes that will be made to the PST, and 73 per cent did not feel they had received adequate information.

Through the depth and breadth of the Chamber of Commerce Network in B.C., the B.C. Chamber was able to reach businesses of all sizes, sectors and regions of the province.

 

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