Ontario tax break for bicycles under $1000

SuperboB · Postby **SuperboB** » Fri Nov 30, 2007 9:09 pm

Ontario just announced a tax break for bicycles under $1000 and other safety items like helmets. Of course it doesn't affect me but for those who are looking at mid-level bikes might benefit. Perhaps you could find a bike builder to sell a base aluminum bike for $999 and then everything above that would be billed separately as upgrades. Food for thought...

http://www.cbc.ca/canada/ottawa/story/2 ... lmets.html

bicycle.boy · Postby **bicycle.boy** » Sat Dec 01, 2007 10:16 am

Very nice! I wish Nova Scotia would do that, we could use some more incentives to get people out riding.

Sir Crashalot · Postby **Sir Crashalot** » Sat Dec 01, 2007 2:02 pm

I wish it was here in Quebec as well.

bicycle.boy · Postby **bicycle.boy** » Sat Dec 01, 2007 2:04 pm

Sir Crashalot wrote:I wish it was here in Quebec as well.

You're close enough to pop-over for some cross-border shopping! ;-)

SuperboB · Postby **SuperboB** » Sat Dec 01, 2007 10:50 pm

bicycle.boy wrote:
Sir Crashalot wrote:I wish it was here in Quebec as well.

You're close enough to pop-over for some cross-border shopping!

Good point. Time for you guys to come to Ottawa for a visit again!

Sir Crashalot · Postby **Sir Crashalot** » Sat Dec 01, 2007 11:04 pm

SuperBob wrote:
bicycle.boy wrote:
Sir Crashalot wrote:I wish it was here in Quebec as well.

You're close enough to pop-over for some cross-border shopping!

Good point. Time for you guys to come to Ottawa for a visit again!

I am working towards cyclocross bike #2 :lol:

MrBond · Postby **MrBond** » Sun Dec 02, 2007 6:23 am

The tax break also applies to helmets and other 'safety related' gear.

Those Zipp wheels are safety related aren't they ???

FishHog · Postby **FishHog** » Mon Dec 03, 2007 9:09 am

I think this is a good thing, but at the same time kind of ticks me off. How come if I want to spend over 1000, I don't get a break.

Wouldn't it be fair to everyone, if the first $1000 was tax free, no matter what the price was?

FishHog

La · Postby La » Mon Dec 03, 2007 9:16 am

I guess the thinking is that people aren't likely to spend $1,000 on a commuter bike, which is likely the reason for the tax break.

Do they still have "no sales tax" on shoes under $30?

BJH · Postby **BJH** » Mon Dec 03, 2007 9:30 am

Lä wrote:I guess the thinking is that people aren't likely to spend $1,000 on a commuter bike, which is likely the reason for the tax break.

Exactly. The folks spending over $1000 aren't the ones that need the tax incentive. Most people don't spend over $1000 on their first bike.

Lä wrote:Do they still have "no sales tax" on shoes under $30?

Yup. Although, similar to the $4 meal exemption, it used to actually mean something.

gwnorth · Postby **gwnorth** » Mon Dec 03, 2007 12:39 pm

Well that will cover the kids' bikes at least.

Ontario tax break for bicycles under $1000

Ontario tax break for bicycles under $1000

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