GST on Low Value Imports Expected Soon

For years Australian shops have complained that online or overseas retailers had an unfair advantage by not having to collect GST for sales made in Australia. Despite government reviews showing that the cost of collecting GST on low value imports would outweigh the revenue earned it was announced at the last Federal Budget that GST on all imports would be applicable from 1-Jul-17. If the Bill does not pass through Parliament by this date it will start from the next ...

Continue Reading →