Considering the amount of business we do on this nations golf courses, and considering the tax breaks other sports have received from the Federal Government, we were all hopeful the long awaited tax breaks our sport is overdue would be addressed at this year's budget..
Not so again, as per this report from Golf Canada CEO Scott Simmons
As you may have seen, the 2015 Budget was just released, and despite the fact that the Federal Government announced a sizable surplus, we are disappointed to see that the National Allied Golf Associations’ (NAGA) request to amend the Income Tax Act was not included in this year’s Budget.
Given the price of oil, we weren’t optimistic going into the Budget process, but it seems that while the Budget is overall enormously business friendly, the government was unwilling to go the extra step and establish tax fairness for the golf industry. Tomorrow morning, on behalf of NAGA, Jeff Calderwood (CEO of the NGCOA Canada) will be attending a Post-Budget breakfast featuring comments from Senior Cabinet officials and will get further information on NAGA’s ask at that time.
NAGA will be re-grouping with a view to pushing the golf industry as an election issue. This continues to be an issue of tax fairness and one that all political parties need to hear about before going to the polls.
NAGA has an extensive plan to deal with the pre-election period and will be making final decisions on that when wemeet as a group post-Budget. The plan will be shared with the entire industry once finalized.
Please feel free to express your disappointment with your local MP…. They need to hear from the golf industry.
Bryan Angus
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