The States of Guernsey is due to vote on the future tax policies for the island later this year.
Policy & Resources says it would prefer a 5% Goods and Services Tax that includes food.
Shadow treasurer Joe Hockey has flagged the GST will be included in a review of tax reform if the coalition wins the September 14 election. Any changes would have to be driven by the states as they ...
The GST system has now been operating since July 1, 2000. Where a business sells items the system is relatively easy. If a business is registered for GST it can claim a credit for the GST included in ...
Union Finance Minister Nirmala Sitharaman said that 99% of all goods and services being taxed under GST are now either in zero, 5%, or 18%, and only 1% is being taxes as demerit or sin goods. In an ...
Petrol and diesel will not be included under the Goods and Services Tax (GST) any time soon. According to a PTI report, neither the central government nor state governments are in favour of this move, ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...