[responsive_menu_pro]

Jersey: Proposal to cut GST on basic food products

Spread the love

Bill No. P. 100/2022 was launched to cut GST on food products. The removal of GST is due to the current crisis in the cost of living. Raluca Kovacs, a deputy from St. Saviour and one of its ten State members, submitted a proposal to exempt food from the 5% GST.

 

Removing GST from food was a Reform party election platform that performed well in June, especially in town areas. It claims that GST is a regressive tax that disproportionately affects low-income people. According to the party, cutting 5% off food will benefit individuals who are suffering in the present economic circumstances.

 

 

Source: statesassembly.gov.je

Follow us on LinkedIn to keep up with the latest VAT news

Join us!

Subscribe to our monthly newsletter

SUBSCRIBE TO GLOBAL VAT NEWSLETTER

Get the latest VAT information directly in your inbox and stay up to date with all VAT developments around the world.

You have Successfully Subscribed!