TOareaFan
Superstar
The woman who sold me the pass told me that it was because of the HST.
Struggling with that.....not sure there is any reason a new sales tax would require an expiry date?
The woman who sold me the pass told me that it was because of the HST.
Not unless the tax is going to expire.
Not if it's just commuting to work I don't think.If your using VIA passes for travel for work, then wouldn't the HST be refundable on your income tax return, like the GST is now?
May 1 marked the beginning of the HST transitional period. July 1 is the full implementation date. Between May 1 and July 1, you will not be charged HST for "Passenger transportation passes if the pass period begins before July 2010 and ends before August 2010" else charged HST for the portion of the passes that are used later.
Since these packs are for a set number of rides and not a dollar value (like a gift card), couldn't you sit on a never-expiring pass for a couple of years, wait for fares to increase, and then sell it to another user at a profit?
Since these packs are for a set number of rides and not a dollar value (like a gift card), couldn't you sit on a never-expiring pass for a couple of years, wait for fares to increase, and then sell it to another user at a profit?
Not if it's your primary place of employment. If your office and home is in, say, Brantford, and you travel to another site in, say, Toronto once or twice a week then it's refundable. Basically if you can claim it as an employment expense, you can also get the GST/HST refunded.Not if it's just commuting to work I don't think.
Anecdotally, I can point to one person I knew who used to commute daily from Brantford to Toronto on Via. This comes with the usual caveat that the plural of anecdote is not data.
This means the chip is active instead of passive. A passive chip will work theoretically forever, however one with actual store ability (and it would have to be similar to flash memory), especially working under such low voltages, would probably wear out over time. Perhaps this expiry date is the safe amount of time for the memory durability..