5% Federal Goods & Services Tax removed for two months
There is a temporary GST/HST break on certain items from December 14, 2024, to February 15, 2025.
Sales tax holidays are specific periods during which certain purchases are exempt from state or local sales taxes. These holidays are typically designated by governments to encourage consumer spending or provide financial relief.
Supplies exempted from GST:
- Prepared foods and snacks: Vegetable trays, pre-made meals, salads, sandwiches, chips, candy, granola bars, etc.
- Dining: Restaurant meals (dine-in, takeout, or delivery).
- Beverages:
- Beer, wine, cider, and sake.
- Pre-mixed “ready-to-drink” alcoholic beverages 7% or less ABV (alcohol by volume).
- Children’s products: Children’s clothing, footwear, car seats, diapers, and other important family items.
- Toys and entertainment: Children’s toys (board games, dolls, video game consoles, etc.) and books, print newspapers, and puzzles for all ages.
- Seasonal items: Christmas trees and other holiday items.