13-08-2023, 03:22 PM
(13-08-2023, 01:49 PM)dken31 Wrote: Labour removing GST proves one of two things: either they're too incompetent to realise it that it is a truly dreadful idea, or they do realise but are happy to do it anyway because it is popular (due to the general public not realising it is a bad idea).
All of the speciists in this area have very vocally opposed it; spelling out why it is such a bad idea, and yet Labour ignore them all. After several years of going on about "trusting the experts", why are the experts being ignored now?
It will have negligible to no effect on the price of f&v, while adding in a huge amount of complexity and ambiguity to the GST system, and it will massively increase the cost of both compliance and enforcement.
Australia & UK have various food related GST (/VAT) exclusions and they've proven to be hugely inefficient and complex. As the owner of an accounting firm, I will benefit from the extra work this will bring us (if it gets in), but I'm not looking forward to having to explain to affected clients why the cost of doing their GST returns will double/triple
Excellent! That along with the access to cheaper roughage in your diet should make a huge difference to your productivity.
