Bikes and helmets to be free of Retail Sales Tax

No VAT on Ontario bike sales

From December 1st, Ontario bike buyers will not have to pay RST (equivalent to VAT). The scheme, which runs until November 31st 2008, aims to give Ontarians an incentive to go out and get fit via cycling.

Cycle helmets, lights and bells will also be exempt from the sales tax.

Bikes over $1,000 will still carry VAT, as will components, lubes, accessories and tubes.

In other news...

Halfords sees cycling growth of 35% with continued strength in e-mobility

Halfords has reported cycling LFL growth of 35.4% in its Q3 trading update, covering the …