The Guernsey Parliament Policy & Resources Committee has published a tax reform workstream proposition regarding the introduction of a goods and services tax (GST). This includes the proposed introduction of GST with a standard rate of 5% on all goods and services, including all foodstuffs, or alternatively, a standard rate of 6% with zero-rating for foodstuffs sold via retail outlets. Under both options, an Essentials Cost Relief Payment (ECRP) scheme would be introduced, which provides…