No one enjoys paying taxes, including Canadian customers at IKEA who are paying taxes on second-hand items, even though the tax was already paid the first time.
To mitigate this tax burden, IKEA Canada has launched a new initiative called SHT (Second-Hand Tax). From April 2-11, 2024, IKEA Family members shopping at IKEA’s Ontario stores will be able to save 13% on purchases made in the As-is marketplace.
According to the annual IKEA Life at Home report, which highlights consumer sentiments, two-thirds of Canadians are concerned about the general economy, with over half expressing worries about household finances. IKEA’s SHT initiative aims to address concerns regarding the cost of living crisis while encouraging consumers to make sustainable choices that benefit both the planet and their wallets
“We believe in doing more with less,” says Selwyn Crittendon, IKEA Canada CEO and Chief Sustainability Officer. “With our “Second-Hand Tax” initiative, we’re making sustainable choices, that also save people money, more attractive to average Canadians. It’s our little way of making a big difference.”
However, it’s important to note that SHT isn’t intended as a permanent solution. IKEA Canada invites the government and like-minded companies to collaborate in ending the double tax on second-hand items, ensuring that all Canadians can shop sustainably for less. This initiative underscores IKEA’s commitment to sustainability and affordability while advocating for systemic changes to support circular consumption practices.
