Impact of Goods and Services Tax (GST) on Islanders: Views from Guernsey and Jersey

• Guernsey has voted to introduce a Goods and Services Tax (GST) after rejecting an increase in income tax
• Islanders in Jersey have had GST for 16 years and have mixed views on the tax
• Critics called for food, children’s clothes, and school books to be excluded from GST
• Guernsey’s GST has been set at 5% since 2010
• Some residents believe GST makes essentials more expensive and affects lower income people and pensioners
• Jersey’s treasury minister defends the decision to charge GST on almost everything as low, broad, simple, and fair

Source: bbc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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