Senior politician Lindsay de Sausmarez explains the effect on our pockets of GST and the reforms designed to soften its blow.
Guernsey is one of the few places in Europe not to adopt a goods and services tax, but that could change in July.
Deputies - who have already agreed in principle to GST - will debate its introduction at 3%.
But the series of reforms that surround it are varied and include a reduction in the basic rate of tax up to a certain earnings level and extensive measures to cushion the less well off from the effect of the consumption tax.
The government too will be expected to save millions per year and fuel duty will reduce as a car tax is reintroduced.
But does Guernsey need GST when corporate tax windfalls, from Pillar 2 receipts, can suddenly make a bleak balance sheet look healthy?
Island FM's James Bentley and Euan Mahy spoke to the head of Policy and Resources, and Guernsey's most senior politician, Lindsay de Sausmarez, about tax, benefits, States savings, corporate windfalls and began by talking about her time working at Island FM.
LISTEN HERE: Lindsay de Sausmarez meets James Bentley
Listen to James Bentley weekdays on Island FM 6-10am.
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