Golf and Taxes
The Canadian Golf Industry, specifically NAGA has been working on the issue of golf as a tax deductible expense for several years. If this topic is new to you please read our earlier blog (Golf and Taxes) about the issue including links to NAGA and some media. As the 2015 federal budget was just released NAGA was hoping for some change but instead got disappointment.
A statement written by Golf Canada CEO Scott Simmons was released yesterday through Inside Golf and other channels acknowledging that the request to amend the Income Tax Act was not included in this year’s Federal Budget. He commented that “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.”
Golf Canada Statement Update
In a updated statement today Scott Simmons did add that Government of Canada’s commitment to investing in high performance athletes and coaching does impact the golf industry in a positive way. “Sport Canada funding directed towards golf; specifically in areas of grassroots programs, high performance, coaching and sport science is critical to Canada’s continued growth as a golfing nation.”
It is certain that NAGA and all of its participating golf industry associations will continue discussing the tax fairness issue at a board level as well as with their members and that lobbying efforts will continue. We will continue to post more information as it becomes available.
We, Jeff & Tara Ciecko of CK Golf Solutions write two blogs, one is our 19th Hole Blog where we share personal experiences and the other a Biz Blog where we comment on business best practices and give golf industry related opinions. We have owned CK Golf Solutions for 7+ years and provide marketing, social media and business services to the golf and other industries. We DO NOT get paid for ANY of the blogs on our website. These are the places we visit and the things we do because we want to. When we say that we like or dislike something or have a good or bad experience this is our opinion and the truth as we see it. If you have any questions or comments feel free to contact us anytime.