Compared to GST

Let's compare the impact of GST and the Debit Tax when doing your monthly grocery shoppping. Currently, GST is charged on most items in the store - except for "food for human consumption".

GST free

Let's make 2 assumptions:

  • Your monthly grocery shopping bill is $1,200.
  • 2/3rds of the items you buy are food (i.e. $800).

 debit-tax-vs-gst

 From the calculation above - you can see that you pay less tax to the ATO under the Debit Tax system.