The Lucknow Sentinel, 1991-01-02, Page 3•
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airshea s itu e member
hristnias dinne
"T e y r 20, iii0
1 !nowt() taxa mow
a Gla% 414=ir`5 (` ",'si, e'
t1sA a , yr by the ladies --0f
the church; The tables and hall
were beautifully deivrate4
following the ;inset
dinner was served.
June Gilchrist flatted a .lddies
for the dmnere.
Muriel"'MacKenzie, *cleaned the
' members :' and 007 -visitors
present, The meeting opened with,
the Opening Ode' and Mary.; Stews
Collect llect Muriel !tad a poem Segfes
Fororula. dor Making 'friends. June
lea, gave the scripture re ding. T;he=
Woes were, .,.:were. read by Una ' t -
thews and the treasurer's
given ! mon-- cKinnog
,e u
i s ,.
o
wile
�itrxtl
�RM1
ac;come..
Lutcknow arena,. They played against Teeswater in the.{firstgame .oi'.Ibe cavi n -oht. on the~wi n ning el d o '` A Christmaitarols.
9. 2 score. Lucknow 1a .e r John Van ire b'eek'Qeft Conoy,McDOnagh faceo and;G „Wam y'. its
get into position for . the faceoff whale under the -. tela .:e c :of RandyG M . Bur art' `
(right) • � _ �' � �. ����' :�Qads .mad`
photo)
several Members T
. � be � _ readin,
The
BY MONA IRWIN ` .4 -
One of the items that: will be
taxed under thea approaching. (foods
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 a 55-49
vote, will replace the current 13.5
per . cent federal sales tax : with a
sevp per cent tax. . However, 'the
ne .- tax Will cover a much broader
ge of iteins`andservices.
Besides the retail price of -books,-
the GST will also touch many 4of
thenteps involved in the 'er<'e on of
a book.
it's going to make a lof of
headaches and paperwork, and the
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 11-
- because they pay a ser-
vice," Baltensperger says.
Postai°stamps will also be subject
..to OST, and the special book postal
- rates willalso be phased out in the.
not year or two. "Everything will
go Ills[ class."
One of the results will be fewer
small -Publishers; she says: .
Although publishers are entitled to
a refund, many' small publishing
companies cant afford•tb come up
with the money,"up front" and then
wait a year .to get it back,.she adds.
Baltenspergeralso expects .to see
a drop in booksales -.at least the -
sale or Canadian books.
"People ..will .. .think twice before
buying abode once the GST is -in
ofect, , Balto ;ger . salts. eAnd
.. when -the public does -buy, ": all we� .
buy Canadian books or wilt' t
look at the price?"
Books from Outside Canadaoffc
• "very tough competition'" house..
theycant, znass�produce in countries
witcheaper wage rates, and so e
• undercut" `thee retail price of,
Canadian books, , -- .'
Canadn Coma ams‘Sr-Old "
"t -thi.we'll secittotb aad``maro .
. Cam , . companiios .sold-- to.' tithe
Ill.; ,- says Baltet sperger, 44110y
10y
can ship stuff out of the count to .
get things like color Work donee''
Canadian publishers can do the
sante, but if they do, they cut thetn-
sclvcs,'off from gcvenunent .grant
montes.
Bibliophiles may be, able to dodge -
the GST by buying second -liana, .
but there's no guarantee of that,
used books will also be bit by the
tax„ says Grace DePutterf owner of.
The Used Book Peddlek which is
located near' The gaareq
.However,: small'' businesses with
books
w
' !!-m,,.547,tetifimriqs arowttitiv€.
b+ i touch. +w r , cibcrwd
a e -sto s i ° gess -
countries,.
--Joe Ooad. Una blw
go,
June ..and '`andsha
.!' displays;
' o c aiyp cSiiN-hi3. tiol an
Jre ,Russia and Africa, They
°gnv 'us►eGhrs assn sons is
tese Countries.
Wanda told how :the u> r -+o.
bra ..w= pping g f 4' an
'nark She: bad a g t wap ;
.seve layers of capping •• paper..
The,, `instructions were written on;
each wrapping , and directed . the
person.unwmpp to which.g .
e kris �'.
istribuiit on
ons
ul+ with `°
you ,a Me
w
incomes under $300000 per Year
(before taxes) don't have to register
for the -GST. DePt tter says she will
probably not° have. to register -for
• 1.991, but after that she's not sure:'
She also has to consider the fact
that, while she doesn't have::. to a
register -for the corning. year,' she
will be paying out GST on some of
her. inventory, suchas comic books,
as- of Jan. 1, 1991.
School Board
The mon County , Board of
Education w(11CBE) is also looking
at increased spending and a maze of
Papevork says suPelinten4ent .
business and operations Paul:
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 KCB
can claim,* rebate of aboutX55 per
cent -of' that, or $570,000. " , "
"So the net impact is about
$250,400,' ' he says. "Of coin,
that's not taking. inflation into at
counts► ,
Another unknown" factor in the
equat!on, is the - provincial sales tax.
"Will* be added to the purchase
price -plus the GST, or will it,, .
dealt with separately?" Carroll says,
POI example, .ix an item costs 5,
and the GST is 35 cents, will the
provincial sales tax be calculated
only by the $5 purchase pries, or
the $5.35 of the purchase price and
the. OST?
"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 lax,'
says Carroll, "gut in Quebec that's
'.Another 41;400
At s resent the HCBE spends a
total of about $20,000 annru ly on•"
magazinesubscriptions 'for' the.,
school libraries. the GST calif `lac
another $1,400 onto that. with •a.
rebate'' at .the end.:. of, the ° vear:of
what they've don:'
about $: , .x
. 'e board spends'about
$65$70,t annually on. new lib
z
books. That wrl
go tap byabout -
•$5,000, with '.:,ar, rebate of about
$3,300. -
Textks are . the board's ' big
-
expenditure, with about $1500,000-
$250,000 per year spent on them,'
"This year we're aiming for
$150,0 because of existing cut-
backs,"' Carroll says. At the top end
of thos e, textbook expenditums '
of $250,000 will meal' $18,
extra in GST. A rebate of about
$12,006 will mean a .net cost of
$b,000 for the 11C84
Can`oll says• the OST wot r hav
the board looking further afield for
any printed materials.
-• - '
7ltiprii t
Pt,igo
9
We are ne w into 1991 and. want, tc "Thank .OW tis . -
only fittingthat we advertigeour, appreciation to the people
who make
• It possible for us t • p
ubs ',one .of
fie best
communewspapers in:the arpa. In 199t
hundreds vt
adver isors, retailer , 'classified, an :•n tronal :adverrltisers
used fre. uent:,.and one stent.,s ace in the � a enarrtei,
stir elating' ' our economy• and prOrrtoting erg .Its menti You,
ourreaders fie ponds° by. 'buying ,food, clothing,shoes,.
... r _ r. r ■.
sen n e�. ur hent .int . e tuber*,. microwaves books;
houses` home furnishings, sports equipment, - automobiles,'
yard goo s..w.. the list is endless: Witcpnter,1991 with great
r cOnfiden a that, this area Will enjoy greater prosperity and
.we Look ',forward tothe role -bur lnew4,paper and its
advertisers play in the ecOnemie growth. Once again "Thank
•
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