HomeMy WebLinkAboutThe Lucknow Sentinel, 1991-01-02, Page 6The Lucknow team advanied to the finals in the Novice Hockey Tournamentlield last ,Xhursdaiiit the
Lucknow arena. They played against Teeswater in the.firstgame of the aiming -out on the winning "dor
9 - 2 score. Lucknow players John Van Diepenbeek (left), Conor McDonagh (faceOff) airdiChrii Willard*
(right) get into position for the faceoff while ander the watchful. eye •Of Randy dui! (Marg. Burkhart
photo).
The GFE.aiid..b:010,
• - BY MONA IRWIN -
One of the items that will be
taxed under the approaching Gods
and Services Tax' (GST) is books.
That's new and used books,'
school books and library books.
The GST, which was recently
passed in the Senate in a 55-49
vote, will replace the cuffent 13.5
per cent federal sales tax with a
seven per cent tax. However, the
new tax will cover a much broader
range of items aryrservices.
Besides the retail price of books,
the GST will also touch many of
the amps involved in the creatiolief-r
book.
It's going to make a lot of
headaches and paperwork, and the
person who will end up paying is
the person at the end of the line -
the one who buys the book," .says
Brenda Baltensperger. She and her
husband -Peter own a -local
publishing company called
Moonstone Press.
"We have to pay GST on the
royalties we pay writers and il-
lustrators; because they pay a ser-
vice," Baltensperger says.
Postal 'stamps will also be subject
GST, and the special book postal.
rates will also be phased out.in the
next year or two. "Everything will
go first class."
One of the results will be fewer
small publishers, she says.
- Although publishers are entitled to
a refund, many small publishing
companies can't afford tb come up
with the money "up front" and then
wait a year to get it back,,she adds.
Baltensperger also expects to see
a drop in book .sales - at least the
sale of Canadian books.
• "People will .think twice telA
buying a book" once the QS s in
effect, , Baltensperger says. And
. when the public does buy, "will we
buy Canadian books or will we just
look at the pric0"
Books from outside Canada offer
"very tough competition" because
they can mass-produce in countries -
with cheaper wage rates, and so
underout the retail pride of
Canadian books.. • —
Canadian Colipanies `Wold
• oi think we'll seeriorb and'more
Canadian companies .sold. to ,the
U.S.," says Baltensperger. - "They
can ship stuff out of the country to
get things like color work done."
Canadian publishers can do the
same, but if they do, they cut them-
selves off from government grant
mottle's.
Bibliophiles may be abloo dodge
the GST by buying second-hand,
but there's no. guarantee of that.
Used books will also be bit by the
tax, says Grace Dahmer, ownevof
The Used Book Peddler, which
located near The Square.
lloweverl: small businesses with;
incomes under $30,000 -per year
(before taxes) don't have to register
fo e GST. litter says she will
probaiily not have to register for
1991, but after that she's not sure.
She also has to consider the fact
that, while she doesn't have to
register for the coming year,. she
will be paying out GST on some of
her inventory, such as comic books,
as- of Jan. 1, 1991.
School Board •
The Huron County Board of
Education (HCBE) is- also looking
at increased spending and a maze of
paperwork, says superintendent •of
business and operations Paul Car-
roll.
"Based on our current budget of
$55.5 million, those portions to
• which the GST applies will add
another $835,000 in 1991," Carroll
says. However, he adds, the KBE'
can claim -a rebate of about -65 per
cent of that, or $570,000. •
"So the net impact is about
$250,000," he says. "Of coarse,
that's not taking inflation into ac-
count."
Another unknown" factor in the
equation is the'provincial sales tax.
"Will it be added to the purchase.,
price plus the GST, or will it be
dealt with separately?" Carroll says..
For example, if an item costs $5,
and the GST is 35 cents, will the
provincial sales tax be calculated
onlyby the $5 prichase price, or
the $5.35 of the purchase price and
the GST?
"At the moment the - Ontario •
government says it won't apply, the
GST on top of the provincial tax -
you'd be •paying ..a tax on a tax,"
says Carroll; "But in Quebec that's
what they've,done
• . • Another -$IAM
At present", the "nogg spends -a
total of about $20,000 annually on
magazine subscriptions 'for the'
school libraries. The GST wilitack
another $1,400 onto that, with ' a
rebate' at the "end of die year 'of
about $900.
.The board spends abotit $65,000-
$70,000 gnaw* an new library
books. That viii go up by about •
• $5,000, with a rebate of , about
• $1,300.
Textbooks are the board's big
expenditure, with about $150,000-
$256,000 per year spent on them.
"This year we're aiming for
$150,000 because of existing cut-
backs," Carroll says. At the top end
of the scale, textbook expenditures
of $250,000 will mean $18,000
extra in GST. A rebate of about
$12,000 will mean a net cost of
$6,000 for the 11CRE.
Canon says diet GST won't have
the board looking further afield for
any primed .materials.
Tura to page 6
uek*iow Seittine Wetlueiday, Jauttaiy 1991 Page 3
rairshea Institute .members.T •
tigt;!.y
esdayg December 20, the
Kairshea Jastintie members enjoyed
bristinal Amer. in Om Mglican
•.1)141441 VOW 'Oa 1444 Of
the .church . The tables and hall
were beautifully decorated and
following the institute grace lo the
dinner was served.
June Gilchrist thanked the ladies
• for the dinner;
Muriel Macicenzie welcomed the'
23 members and Mr— visitors
present o The meeting opened with
the Opening Ode and Mary Stewart
Collect. Muriel read a poem 'Sautes
, Formula for Making Friends. June
• then gave the scripture reading. The
minutes were read by. Una 'Mat,
thews and the treaSiner's report
given by MarionolViacKinnon.
Abe sleeting Ebie tiongton
accompanied •at the piano while
Christmaitarols Were sung.
. Wanda Keith read the story All
Roads 'Lead to Bethlehem, with
several members reading the
valoOs wayChristmas is observed
in any colintries around the world.
itad a question period
to, wee iit.h wiafteinbered
about the customs.-- in these
countries.
Two conducted a Christmas bin- '-
O.
frojtinm."QearionclantWir,7S(Cia• otianhaddo lidiOsranPlaYO:
Ireland, Russia and Africa. They
-gave*us the Christmas customs in
these countries.
Wanda told how the COStaill of
gifmartkwra. SPPheivihgadcdtghiliftthe4wrilriPP61e-niu”
several layers of wrapping paper.
The instructions were written on
each wrapping and directed • the
4°Pe°ThcCfanaluisisis:Tlifdaciwtsecikugasandnfr9tow. ramaWPhe'ilin}leWalig'iSil?711811Q;41153::"triba'ic:eh'IrtgrlY°111:
The Meeting. closed with 0
4.
to the acivert ells of
Lucknow and surrounding
communities
. We- are,now into 1991 and want, to say Thank you. It is
only fitting that we advertise our appreciation to the people
who make It possible for us to publish, one .of.the best
community newspapers in the area. In 1990 hundreds of
advertisers; letaiters, classified, afld national advertisers?
•• used frequent 'and consi§tent space in.the, Sentinel,
stimulating our economy and promoting employment. You,
our readers responded by buying.food, clothing, shoes,
T.V.ts, sound equipment paint,,IuMber, microwaves, books?
housev home fignishings, sports equipment, automobiles,
yard goods..,. the list is endless: We 'enter 1991 with great
confidence that this area will enjoy greater prosperity and
we look forward to the role our newspaper and its
advertisers play in the economic growth. Once again "Thank
You".
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