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Old 22-08-2015, 01:41 PM   #1
mik
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Default Online Tax july 2016 ?

Just thought i would bring up the online tax that is supposed to be coming into effect mid 2016, i believe on things like ebay, etc, how will this effect buying bits and pieces for our cars from over seas ?

Thoughts ?
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Old 22-08-2015, 03:30 PM   #2
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Default Re: Online Tax july 2016 ?

Afaik it doesn't start until July 2017.
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Old 22-08-2015, 04:57 PM   #3
olfella
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Default Re: Online Tax july 2016 ?

I would love to know how they expect O/S suppliers to act as tax collectors. Like they may collect an extra 10% but passing it onto a different country's tax man is another story.
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Old 23-08-2015, 06:18 AM   #4
mik
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Default Re: Online Tax july 2016 ?

yes i was wondering how they would collect also .
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Old 23-08-2015, 07:44 AM   #5
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Default Re: Online Tax july 2016 ?

GST to apply to all imports into Australia from July 2017


Read more: http://www.smh.com.au/federal-politi...#ixzz3jaADXVoV


All goods bought from overseas will face a 10 per cent goods and services tax from July 2017 under a landmark deal agreed to by state and territory treasurers.

Big businesses such as Amazon, Apple and Netflix will be asked to collect the tax. Mr Hockey said he expected most to agree. Apple already voluntarily collects Australian GST on sales through its iTunes store.

"Mr Hockey told us about 50 internet sales companies make up the vast majority of internet sales. Apparently many of them are prepared to do it, but it will take a long time to get this right, if ever," he said.


- - - - - - - - - -

So, I reckon if you are a small company selling into Australia you could potentially 'fly under the radar' for some time.

The ones to look out for are the companies who charge YOU the GST but pocket it for themselves!
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Old 23-08-2015, 08:51 AM   #6
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Default Re: Online Tax july 2016 ?

I'll be the devils advocate - ebay will employ another charge above GST for collecting the tax.

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Old 23-08-2015, 11:06 AM   #7
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Default Re: Online Tax july 2016 ?

I wouldn't like to bet against you on that one Supershifty .
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Old 23-08-2015, 11:42 AM   #8
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Default Re: Online Tax july 2016 ?

According to that article "Big businesses such as Amazon, Apple and Netflix will be asked to collect the tax."

LOL... They'd be better off asking companies like those to pay their full share of company Tax in the first place.
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Old 23-08-2015, 11:49 AM   #9
Adamz Ghia
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Default Re: Online Tax july 2016 ?

How will they enforce this on companies that don't have Australian operations?
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Old 23-08-2015, 12:19 PM   #10
cheap
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Default Re: Online Tax july 2016 ?

Another tax, the consumer gets to take it up the *** again.

Gerrry Harvey, has been pushing for this tax, THANKS FOR NOTHING GERRY!
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Old 23-08-2015, 01:13 PM   #11
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Default Re: Online Tax july 2016 ?

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Originally Posted by cheap View Post
Another tax, the consumer gets to take it up the *** again.

Gerrry Harvey, has been pushing for this tax, THANKS FOR NOTHING GERRY!

There was alot of self interest in the push to have it added, but i dont think its going to change things too much. The biggest tax was never the GST, but the "Australia" tax. Compare items you can buy overseas to the same product that you buy in Australia, and there is often much more than a 10% price difference.
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