I think this is an excellent policy, and a long time coming. This is done overseas with good effect. While I don’t think it’s a magic bullet, it is definitely a step in the right direction.
I think this is an excellent policy, and a long time coming. This is done overseas with good effect. While I don’t think it’s a magic bullet, it is definitely a step in the right direction.
There is an absolute certainty this will result in extra admin costs as well.
And I disagree with the certainty. Oh look, we are at an impasse.
Do you genuinely believe this is will result in no additional costs to the administration of the GST scheme?
I think that it doesn’t need to, and that the benefits outweigh the downsides even if it does. I also think zero-rating certain foods has other benefits beyond money, and this should be taken into account.
How? How could you possibly make these changes without adding cost to the administration of the GST scheme?
I firmly believe this is a simple task with modern computer systems. Given that accounting software like Xero already has different categories for different products, it’s a simple matter of adding a “fresh produce zero-rated” category.
That being said, even if there is a cost I believe it is still overall net positive.
Honestly mate, at this point, there is no reason to continue discussing the point. I think any potential problems or costs are worth it, and you don’t. Lets leave it there, eh?
If only life was as simple as you.
Thank you for your valuable contribution to the conversation.