VIC: Huge compliance costs if GST omits food: accountants

From: AAP General News (Australia) | Date: February 11, 1999 | Copyright information


AAP General News (Australia)

02-11-1999

VIC: Huge compliance costs if GST omits food: accountants

A national accountancy body says making food GST free would create huge compliance costs,
increase prices and create a dead weight on the Australian economy.

The Australian Society of Certified Practising Accountants believes a failure to include
food in a GST would cost the economy more than $100 million annually in compliance costs.
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