18 November 2019
From 1 October 2019, Australia introduced GST at 10% on the provision of hotel rentals and other commercial lettings in the country, provided by non-resident companies on online platforms.
Prior to this, foreign businesses providing these types of supplies in Australia did not have to charge GST on their sales. However, in an effort to remove the unfair advantage that this gives to non-resident companies over Australian resident providers, the Australian government have now implemented GST at 10% on these types of supplies.
This new tax will be subject to the GST registration threshold of AUD 75,000 (approx. £40,000).
LATEST NEWS
Ukraine proposes to lower import VAT exemption...
Ukraine is proposing a reduction to the VAT exemption on the import of low value goods into the country from €150 (approx. £127) to €45 (Approx...
SEE MORE
LATEST NEWS
Reminder: Finland standard VAT rate increase from...
A reminder that the Finnish standard VAT rate will increase from 24% to 25.5% on 1 September 2024. This increase will make the Finnish standard VAT rate the...
SEE MORE
LATEST NEWS
Estonia to end Covid-related reduced VAT rate cuts...
Estonia will increase the VAT rate on the following supplies from 1 January 2025: Accommodation services from 9% to the 13% reduced VAT rate. Newspapers both...
SEE MORE