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Price jump follows VAT rise

Saturday 17 May 2014 | Published in Economy

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Price jump follows VAT rise
Fuel is one of the few commodities that is price-regulated in the Cook Islands and new Price Tribunal president Tatiana Burn says those importing and selling fuel appear to be abiding by the rules. 14041107

Some local businesses have used last month’s Value Added Tax increase as an opportunity to hike their prices more than expected, says the Price Tribunal.

Some local businesses have used last month’s Value Added Tax increase as an opportunity to hike their prices more than expected, says the Price Tribunal.


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