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
Finland proposes a reduction to the reduced VAT rate
The Finnish government have proposed a reduction of their reduced VAT rate from 14% to 13.5%. If accepted, this change would come into effect from 1 January...
SEE MORE
LATEST NEWS
Lithuanian VAT rises to support defence spending
The Lithuanian Ministry of Finance is proposing to: Increase the existing 9% reduced rate to 12% on supplies of some domestic passenger transport, domestic...
SEE MORE
LATEST NEWS
Slovakia proposes the introduction of mandatory...
Slovakia has become the latest EU country to propose the introduction of a mandatory electronic invoicing regime for B2B transactions, from 1 January 2027. A...
SEE MORE