Food and heating to become GST free?
Saturday 27th November 2010, 2:59PM GMT.
Treasury Minister Philip Ozouf is considering bringing an amendment relating to GST
FOOD and domestic heating could be made exempt from GST under an amendment to the Budget being considered by Treasury Minister Philip Ozouf.
But if it is approved by the States, he said it would mean that GST on everything else would have to double to six per cent to make up for the shortfall and cost of implementing such a change.
At least two ministers are understood to support such an amendment, the full details of which are expected to be released on Monday.
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