VAT news tagged as "Low-value relief"

Australia

Australia drops low-value goods GST relief

May 6th, 2016

Australia is to withdraw the AUD 1,000 GST free threshold on the import of goods. The relief enabled consumers to buy goods from major online retailers without the 10% GST that domestic platforms had to charge them. Any foreign supplier of B2C goods will have to GST register for sales of low-value goods if their …