Minister: Removing Food Tax Estimated to Cost £14M, Primarily Benefiting Wealthiest

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Economics

14 July 2026 at 11:15 pm

Minister: Removing Food Tax Estimated to Cost £14M, Primarily Benefiting Wealthiest

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Summary

A minister stated that removing tax from food could cost £14 million, with the Treasury adding that a GST removal from essential grocery items would primarily benefit the wealthiest islanders.

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