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Co-op suggest Lower GST Threshold on online shopping :(

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Calimachon:
Quote from the following Channel TV website:

The Co-op in particular think taxing food is immoral. They are now calling for GST to be removed from food, suggesting that the lost revenue should be made up by adding GST to internet imports; alternatively lowering the £240 threshold.

http://www.channelonline.tv/channelonline_jerseynews/displayarticle.asp?id=498083#

Let's hope the Co op have their pricing policies all in order and that their 'special offers' are computer co-ordinated with the prices they say they are charging on their shelves.


Cali :(

Lokel_Yokel:
I thought GST was already payable on Internet Imports - if they catch ya!

Calimachon:

--- Quote from: Lokel_Yokel on February 08, 2012, 12:06:21 PM ---I thought GST was already payable on Internet Imports - if they catch ya!

--- End quote ---

No there is a restriction for personal imports.  It is quite easy to pay GST online.  The delivery agent just advises you that you are due to pay GST and if you go online and fill in the necessary information and pay by credit card your goods can be delivered quite quickly.

Quote from States website below:

Personal imports
The change of the GST rate to 5% on 1 June 2011 means that if your goods are a personal import, cost no more than £240 (including shipping etc) and there are no other duties or taxes involved (other than GST) you will not normally be charged.

http://www.gov.je/TaxesMoney/GST/DutiesGST/Individuals/Pages/index.aspx

Cali

Lokel_Yokel:
Cheers for that - kinda rings a bell ;D

Personally I think that GST on food is wrong in principle - Sales Taxes should be on items that are discretionary, even if the price of that is a higher rate!.....my bet is that within a few years GST will be 10% (or above!) anyway, and I don't have a great problem with that. Taxes have to come from somewhere - how the money is spent / pissed up against a wall is another thing!.

I would suggest dropping the GST threshold to £200, and then freezing it for 5 years - drop the GST on food (and utilities) and up the rate to 10%.

danrok:
Lowering the thershold on imported goods would increase the cost of collecting GST on imports, which would mean that they would increase the 5% rate.

Online prices would still be lower than prices in local shops, even if GST was applied to all items.

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