The Canadian federal government’s legislation for temporary GST/HST sales tax relief, running from December 14, 2024, to February 15, 2025, received royal assent last night. While Bill C-78 is now law, updated guidelines have not yet been released. Retailers should rely on the details currently available to ensure compliance during the relief period.
Prepared foods, including vegetable trays, pre-made meals and salads, and sandwiches;
Restaurant meals, whether dine-in, takeout, or delivery;
Snacks, including chips, candy, and granola bars;
Beer, wine, and cider;
Pre-mixed alcoholic beverages below 7 per cent ABV;
Children’s clothing and footwear, car seats, and diapers;
Children’s toys, such as board games, dolls, and video game consoles;
Books, print newspapers, and puzzles for all ages; and,
Christmas trees and similar decorative trees.
For the complete list of eligible products, refer to this backgrounder published by the government for the most recent list of Qualified Goods.
How Does the Tax Relief Program Impact Your Business?
The GST/HST Tax Relief Program temporarily removes GST/HST from certain product and service categories. To comply, Canadian merchants must update their tax settings in TAKU or VitaHealth to reflect these exemptions for the duration of the program.
FAQs
How to Prepare for the Tax Relief Period
To help you get ready, we’ve put together a detailed step-by-step guide. Here are the three essential actions you’ll need to take:
Identifying the exempt categories applicable to your business
Adjusting your POS tax settings to comply with the program
Ensure proper tax reporting during and after the program period, particularly, during December and February which are both partially exempt based on the start and end date of the program. If possible, we recommend checking more closely and keeping track of any returns processed during and after the tax relief period. You will want to make sure that the sales taxes applied or exempt on the original sales transaction are also reflected in the return transaction.
Tax Relief Instructions
TAKU and VitaHealth POS have separate tax categories to handle tax exemptions.
If your inventory is already organized by product categories, the simplest way to implement the GST/HST tax relief changes is to create specific “tax categories” and updating the tax categories for products in each product category.
2. Enable Tax Categories in products. a. Load your inventory list (Inventory > Inventory List) b. Make sure Tax Category is a visible column in your inventory list
c. Filter your product Category column by the product categories that are eligible for the tax relief program
d. Select all of the products you would like to have enabled for tax exemptions
e. Turn on Edit Mode by clicking on the pencil in the top left of the inventory list header
f. Use the Bulk Edit function to select the Tax Categories required
g. Click Preview to see the changes in the Tax Category column
h. Click the yellow Save button. Make sure you see the green confirmation message so you know your changes have been made
3. Apply Inventory Tax Exemptions so specific products are exempt during every sale
a. Create the GST or HST Tax Exemption in the Sales Tax Rules section (Settings > Business Settings > Taxes > Rules)
When creating the new rule, make sure to include settings for the Effective Date, Geography, Tax Inventory Categories, and the Tax Calculation Type.
Note that you are creating a new exemption rule that applies to an existing Sales Tax (e.g. GST or HST), so it will need to be selected in the Tax Name field. Also make sure that your new rule is enabled as Active in the top right corner of the Tax Rule. Note that tax rules are active only if they within an Effective Date period or have no Effective Date. If there is no effective date, it is assumed, there is no time restriction. And even if a rule is Active, if it is outside of the Effective Date, it will not be applied.
It is optional to set a rule priority if there are multiple tax rules applied to the same sales tax (e.g. you have existing Account-based tax rules). 0 is the highest priority meaning it is applied first and 1 is applied after and so forth.
We’ve designed the instructions to be clear and easy to follow, but if you have any questions about implementing these changes, our support team is here to help. Active customers can reach out to us at help@takulabs.io for assistance with tax relief updates. To keep phone lines free for urgent till issues, we encourage you to use email for these inquiries.
Don’t Wait—Update Your TAKU or VitaHealth Settings Before December 14, 2024
The tax changes take effect on December 14, 2024, and remain in place until February 15, 2025. Preparing ahead of time will ensure your operations run smoothly and remain tax compliant.
Thank you for trusting us as your retail POS partner.
Thank you for your continued trust and partnership this year. As we gear up for 2025, we’re excited to keep supporting you. Below are our holiday hours for the upcoming season.
We hope everyone enjoys a much-needed break with loved ones. Wishing you a safe and joyful holiday! 🎄✨
For detailed support information, please check the support section on our website at https://help.takulabs.io/. Here’s our schedule for the holiday season for TAKU and VitaHealth POS 🕔:
Word of mouth marketing has evolved in the last decade or so. Consumers are increasingly placing their belief in social proof and credibility. A recent study by Brightlocal, states that 98% of shoppers read online reviews for local businesses.
Customer reviews have the potential to bring your business to new heights, but they can also affect your business’s reputation negatively. However, there’s no need to worry because this article focuses on the essentials of customer reviews and provides excellent strategies to obtain positive feedback from customers.
Essentially customer reviews are the opinions of someone who has visited your store which reflects their personal experiences, satisfaction and overall impression. Customers can leave a review on various platforms dedicated to them. One of the most popular websites being Google My Business, which we’re sure you’ve seen before. The reviews will cover many aspects of your business, from performance, store atmosphere, customer service, etc.
Customer reviews play a significant role in shaping the purchasing decisions of others, which can be leveraged to your advantage in attracting more customers to your business. With positive reviews you can build a positive customer reputation and public perception. By using some of your best reviews you can provide prospective customers testimonials to encourage a purchase. Additionally customer reviews can improve your business’s brand awareness, SEO, etc.
As we’ve mentioned before, social proof and credibility are really important in a business success, but how? Social proof indicates that others have had a positive experience with a product/service and this can influence customers to choose your business. Likewise credibility aids in trust and it also enhances trust in your business with potential customers.
On the other hand you may think that negative reviews will only hinder your brand’s reputation. But these negative reviews can help with finding flaws in your service so that you can improve.
How can you get positive customer reviews
In order to get positive reviews you must first offer your customers an exceptional experience. But once this is done you have to reach out to your customers to leave the review. Here are some great ways to initiate this.
You can purchase a sign like this here—or create your own!
Asking for reviews will never hurt—always encourage your customers to leave a review. There are a few ways to do so:
Asking customers to leave a review at checkout
When following-up via email or SMS
Rewarding customers for leaving reviews, etc.
A great way to secure reviews is to make it as easy as possible to access the review page. We suggest using QR codes like in the example above.
How should you deal with negative reviews? If you are given the opportunity you should always show initiative and respond quickly to your unsatisfied customers. Then offer these customers a solution to their problem. This way you can try to change your customer’s opinion of your business.
If you are interested in learning more about Google reviews, check out one of our previous blogs, the importance of Google reviews. In this article, we talk about how to handle both negative and positive reviews as a small business.
Hopefully this article can help you improve the reputation of your business, and helped you understand how to support customer reviews. If you are interested in marketing, business, and the newest retail news, subscribe to our blog.
Small retailers often face the tough job of competing against big stores that have more resources – more money, bigger advertising budgets, and well-known brands. Don’t worry, there’s still hope. Small retailers can still compete with big box retailers if they focus their efforts. Here are some strategies that can help small retailers compete successfully with larger stores.
One effective strategy for small retailers to compete with larger, big box retailers is to focus on personalized service. Small retailers can move faster and offer in depth service that is hard for larger retailers to match. By getting to know their customers, small retailers can tailor their offerings to meet customers’ unique needs and preferences. After all, studies have found that personalized experiences improve a customer’s satisfaction and improve sale conversions by 10%-15%.
Personalized service can take many forms. For example, independent retailers can greet customers by name, remember their previous purchases, and make recommendations. Point-of-sale software with strong built-in customer management tools can easily help with this. The retailers can also offer a range of services like free gift wrapping, personal shopping assistance, and customization options. In this way, small retailers can create a welcoming atmosphere that makes local customers feel valued and appreciated.
An independent retailer has much more flexibility and many more options when building the atmosphere of their store. As an independent, you can decide who you want to appeal to compared to big box retailers who often must follow generic brand guidelines.
By providing personalized service, small retailers can stand out from larger retailers that often offer a more impersonal shopping experience. Personalized service will lead to loyal relationships with customers. This loyal customer base can be a key advantage for small retailers, as it can help to drive repeat business and generate positive local word-of-mouth referrals.
Small retailers can serve niches
Offering unique and niche products is another way small retailers can compete against big box retailers. While big box retailers typically carry a wide range of products, they often prioritize popular and mainstream items. Small retailers, on the other hand, can offer unique and niche products that are not commonly found in big box stores. According to a study by ComCast, 44% of consumers say they are more likely to shop at a small business if it offers unique products not available at larger stores, so consider how you can serve niche markets in your business.
Independent stores can easily serve more products of a specific niche, whereas a big box store might have one or two items for the niche but not nearly enough options. (Image source)
Stand out from larger competitors and attract customers seeking unique or rare products through niche offerings. For example, a small retailer that specializes in outdoor gear can offer specialty sports products that are not found in big box stores (e.g., custom made mountain climbing shoes).
To offer unique and niche products, small retailers need to identify their target market and understand their needs and preferences. To identify potential products to offer, they can conduct market research, attend trade shows and conferences, and stay up-to-date with industry trends. Additionally, small retailers can partner with local creators and craftspeople to source unique products that are not available elsewhere.
Another advantage of offering unique and niche products is that it can bring in loyal customers who love those products, and they will likely come back to the store and tell others about it. This can help small retailers build a reputation of being a special spot.
Emphasize sustainability and ethics
Small retailers can beat big box retailers by focusing on sustainability and ethics. Consumers today care much more about the environment and ethical business practices. So it makes sense that they’d prefer businesses that share these values.
Small retailers can use eco-friendly packaging, source products from local or sustainable suppliers, reduce their carbon footprint by using renewable energy, and recycle. Customers around the world have expressed that they are willing to pay more for sustainable products.
To keep it going, independent retailers can also prioritize ethical practices such as fair labor and trade, transparency in supply chains, and donating to social causes. Prioritizing sustainability and ethics will help you attract loyal customers who have a deep connection to these causes.
Small retailers should focus on local communities
An example of businesses supporting their local hockey rink, and presumably the teams as well.
Independent retailers are an important part of any community. Building a strong local community presence is another way that small retailers can differentiate themselves from big box retailers and compete. Small retailers who engage in their local communities can build relationships with customers, establish trust, credibility, and develop a loyal following.
How can a local retailer get involved? For starters, they can participate in local events and sponsor community activities. These can include: charity events, fairs, sports leagues, or parades. They can also collaborate with other local businesses to promote each other and create a sense of unity.
Small retailers can compete with larger retailers by focusing on personalized service, serving niche markets, emphasizing sustainability and ethics, and building a strong local community presence. By doing so, they can differentiate themselves from big box retailers and attract loyal customers. With dedication, creativity, and attention to detail, small retailers can successfully compete against larger retailers and thrive in the retail industry.
If you’re a small retailer looking to compete against big box retailers, consider using an all-in-one retail point-of-sale system with built-in CRM tools like TAKU. Our tools can help you manage your customer relationships more effectively by enabling you to track customer data, purchase histories, and preferences, to tailor your marketing and promotions to their needs. Learn more by clicking below.
Long line ups in retail stores lower profitability for retailers. In the past year, 86% of US shoppers have left a store due to the frustration of long waiting times to check out. The problem is only getting worse as people have less patience when shopping in store after the pandemic and many retailers are understaffed.
If you want to avoid losing sales, you need to think about how you can speed up your checkout process. Here are 6 tips for faster checkout speeds.
Reconsider the amount of detail you ask from a customer during your checkout process. While collecting phone numbers and emails are helpful for future marketing, they require proper consent today due to privacy laws. More importantly, having your cashiers ask customers for these details can really slow down checkout and increase customer frustration.
We understand that having customer info is useful for marketing purposes so you should train staff to collect this information only when the store is not busy.
At the same time, add QR codes at the checkout and around the store to encourage shoppers to sign up to newsletters or to follow you on social media. This is a more convenient and faster way for shoppers to agree to receive marketing from you and it doesn’t slow down your lines.
During the pandemic, it became more common for retailers to make changes to their normal processes. This is particularly true with checkout processes. As more people pay with credit card that have payment notifications, shoppers have changed their expectations regarding receipts.
If you’re understaffed or you sell products that are not likely to be returned, you can consider training your staff to ask customers if they want receipts after every sale. More and more shoppers are skipping on receipts since they already get payment notifications. This will not only help you save on paper and be more environmentally friendly, it will cut down on precious checkout time.
If you do want to keep track of customer sales history, collect emails and also mobile phone numbers when creating customer profiles. This will give you several ways to market to customers in the future, and it will allow you to associate a transaction to a customer during checkout using a unique nine digit telephone number instead of asking for names or emails which take more time to look up.
If you tend to have lineups, electronic payments will pay out for you in the long term. While accepting cash means avoiding processing fees, fewer and fewer people carry cash nowadays. The additional tradeoff of slower checkout (perceived worse customer service) and greater human error makes it critical for many retailers to offer different forms of electronic payment.
Make sure that you are using an in-store point of sale system that offers direct card terminal integration. This will help you speed things up even further by eliminating the need for your staff to punch in the invoice amount on the card terminal. This will help you move shoppers through lines faster, reduce human error and the opportunity for employee theft compared to cash.
One major cause of slow checkout in stores is not enough employee training. Making sure that your staff know how to use your POS system and answer customer questions effectively are key to minimizing delays. This not only affects how quickly you make sales, it significantly impacts the customer experience for shoppers. American Express found in a study that 33% of consumers have considered switching stores immediately after poor customer service.
Training staff to answer questions is always crucial but commonly asked questions can be responded to faster with clear signage. Making the checkout process faster not only makes customers happy, but it also helps employees. They don’t have to keep answering the same questions over and over again. Some good examples of this are:
Make sure customers can see what ways they can pay at the front of the store and at every cash register. This way, they don’t have to wait in line and then find out they can’t pay the way they want to. This is particularly true for contactless payments as it’s common for many shoppers to use their smartphones for smaller, routine payments now.
If you have set limits on tap, put up friendly reminders at the cash registers to help people know what to do. For example, if you only allow it under a certain total amount to limit your liability, remind shoppers to insert their cards in the chip reader and/or to wait until the transaction is done before taking the card out.
Put small signs near the card terminals so people know where to tap their cards if they want to pay that way. Different terminals have the tap readers in different parts of the device.
If you want people to pay a certain way, put the logo of the method at checkout so people know it’s available. This is particularly true if you charge convenience fees or offer cash discounting.
Expert Tip– A reminder that there is no chargeback liability with contactless payments. Merchants are responsible for any chargebacks when shoppers tap their cards or smartphones to pay. If chargebacks are a problem in your store, you should consider keeping your contactless limit low – e.g. only allow tap payments below $100.
Use new technology for a faster checkout
Not only are newer POS systems easier to use, they allow you to sell in more flexible ways. With TAKU, you can easily offer the following all a single system:
Buy online, pickup in-store which helps you pre-sell with payment. It’s easier to set up a pickup only counter for junior staff to cover with minimal training.
Sell from anywhere inside or outside the store with mobile POS. Turn any device into a sales register to check out customers wherever they are shopping.
Self-checkout screens that allow customers to line up to order or pay for items themselves.
Functions like these allow customers to shop and pay in the way that is easiest for them, all while helping you sell faster with a better customer experience.
With the holidays right around the corner, there is one task that needs to get done before any store holiday closures. You need to update your hours of operation for the holidays on Google My Business (GMB). The last thing you want is for a potential customer to think you are open and head to your store when it’s closed.
So today, we’ll take you through the steps on how to update your holiday hours on GMB. Luckily TAKU has built-in features for updating your store hours. So we will show you how to update your store hours from within TAKU or directly from within GMB.
Updating your holiday hours in GMB
Firstly, sign into the Google account associated with your store’s Google My Business page. This is your store showcase on Google like the example below. To learn more about Google My Business or how to sign up for a GMB account, check out our retail resources here.
Reminder, you will need to be logged into a Google account that has permission to access your Google My Business store profile.
Once you are logged into your Google account, sign into your Google My Business account from the main Google search page. Simply click the menu button next your Google profile picture.
Click that to find your business profile.
Click on Business Profile to bring up the Your business on Googlemenu with the options below.
Click Edit profile. In the new window, click on the Hours tab and scroll down to the section Holiday hours. Click the pencil icon to edit your store holiday hours.
And just like that you can edit any holiday hours for your business. This way, customers searching for you online or on Google Maps will always see your latest hours of operation.
Updating your GMB store hours from TAKU
As long as your TAKU account is integrated to your Google My Business account once, you can update your store hours directly from your POS. This works for both single stores or stores set up with multiple locations in GMB.
Click Settings from the main menu in TAKU.
Click Stores > Manage Stores
Click the View link for the store you would like to edit.
From the Store Details page, click on the Hours tab and add a New Period to add your latest store hours. Don’t forget to click the yellow button to save your new store hours.
Bonus: Adding FAQs to your GMB profile
Do you often get the same questions from customers? For example, do people always ask whether your store is an official reseller of a brand, or if your store has parking nearby?
These types of questions are perfect for the new FAQ (frequently asked questions) section now available in Google My Business. Posting FAQs in your GMB profile will help you avoid answering the same questions over and over again.
Setting up an FAQ on your profile is super easy and can be done in a few quick steps.
From the same Your business on Google menu, click Messages.
Then click the menu button (the 3 dots) on top right corner of the window.
Click Chatting Settings
4. Click to expand Add FAQs.
Click the Add a Question button.
Add a Question and answer (the Automated Response) and click Save. Repeat this for as many FAQs you would like to add to your GMB profile.
Now your shoppers can get the answers to common questions regarding your store without having to contact you by phone or email. This way both you and your customers can save time.
