The Australian government is considering lowering the import GST and duty exemption on goods

24 August 2015

The Australian government has again announced that it is considering significantly lowering the import GST and duty exemption on goods bought from foreign suppliers. Currently this threshold is set at AUS$ 1,000 and this allows importers to purchase goods from foreign companies that are exempt from Australian GST and duty, providing they cost less than this amount.

LATEST NEWS

Danish decision on OSS compliance reinforces the...

A recent Danish Tax Appeals Tribunal decision has reinforced the importance of meeting VAT reporting obligations under the EU's One Stop Shop (OSS) regime. In...

SEE MORE
VAT news
LATEST NEWS

Italy extends deadline for recovering Input VAT

Under a new legislative decree issued in August, Italy introduced a positive law for businesses registered for VAT in the country. From 1 January 2027...

SEE MORE
VAT news
LATEST NEWS

Portugal clarifies VAT correction procedures and...

Portugal's Tax Authority has issued new guidance on VAT invoice corrections and introduced updates to the periodic VAT return, reflecting the country's...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.