The reduction is the GST will make things interesting at our ticket counter. Our current ticket price is $4.25, a nice even number. If you take the 7% GST off that you get $3.97 base price.
The problem is in Ontario there is an 10% entertainment tax that kicks in as soon as your base price goes over $4.00. That's the reason you see so many theatres in Ontario more or less stuck at $4.25. If we try to raise the price we more or less have to go to $5.00 since another 50 cents of tax kicks in.
If you take the new GST reduced rate of 6% off $4.25 you get $4.01 which kicks in the entertainment tax.
Looks like I'll have to stop using the nice even number $4.25.
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