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Labour's promise of GST off fruit and veg - what would be covered, what would not (www.rnz.co.nz)

submitted 1 year ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 1 points 1 year ago (1 children)

How? How could you possibly make these changes without adding cost to the administration of the GST scheme?

[–] [email protected] 1 points 1 year ago (1 children)

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?

[–] [email protected] 1 points 1 year ago (1 children)

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.

If only life was as simple as you.

[–] [email protected] 1 points 1 year ago

Thank you for your valuable contribution to the conversation.