【Australia】Australian imports below 1,000 Australian dollars will be exempted from GST. There will be changes
* 来源: * 作者: admin * 发表时间: 2023/05/26 15:25:44 * 浏览: 289
We talked about the Australian GST in the " Australian Market Customs Clearance and Tax Preheating Post " before, and today we will take you to learn more about it.
Getting Started Guide - What is GST?
The full English name of GST is Goods and Service Tax (Goods and Service Tax), which refers to the tax levied on most goods and services sold in Australia, with a tax rate of 10%.
The Australian government has recently revised GST: From July 1, 2018, imports of low-value goods sold to consumers, that is, physical goods (except tobacco or alcoholic beverages) with a value of not more than 1,000 Australian dollars, including clothing , electronic products and cosmetics, etc., are subject to GST.
Note: This amount of AUD 1,000 is based on the customs value, which is the selling price of the goods minus the cost of freight and insurance for export to Australia covered in the price.
(Except the case where the goods are delivered to the place of export by inland freight)
Who needs to charge GST?
Businesses that need to register, collect and pay GST can be:
Merchants selling services, digital products or low-value goods, if the merchant sells low-value goods, digital services or digital products through an online sales platform, it is usually the platform operator and not the merchant Responsible for charging GST. (such as Amazon sellers)
Amazon has required all third-party sellers to include GST in their selling prices on Amazon:
• Operators of online sales platforms (such as applications or websites) that allow merchants to sell digital products, digital The price of services or low-value goods (such as the Amazon platform)
Amazon's own products also include GST:
• A forwarder who helps deliver low-value goods to Australia, and only if the online sales platform operator or merchant does not assist in delivering the goods When I arrive in Australia, the transshipment is responsible for collecting GST.
When should I register for GST?
The Australian Taxation Office stipulates that companies with an annual income of A$75,000 in Australia will need to:
1. Register for GST tax with the Australian Taxation Office (ATO)
2. Collect GST tax on taxable sales
3. Report GST tax to ATO, usually 4 times a year, and report quarterly
4. Pay GST tax to ATO.
In this system, you collect GST on the sale and then pay GST to the ATO on your GST return. This is similar to China's Value Added Tax.
What are the benefits of registering for GST?
1. You can apply for tax credits every time you file a tax return, that is, subtract the GST you paid for the goods and services you purchased for your business, such as the GST paid when importing customs clearance, etc. 2. You can issue tax invoices to customers. In addition, some goods
and
services It is GST-free, which means you don't have to charge GST to your customers.
These GST-free items include:
Most basic foodstuffs
Certain educational courses, course materials and related excursions
Certain medical, sanitation and healthcare services
Certain medical assistance Certain pharmaceuticals Certain
medicines
for export Goods
■ Certain childcare
■ Certain religious services and charities.
For details, please refer to Amazon’s introduction https://www.amazon.com.au/gp/help/customer/display.html?nodeId=202205780
关闭返回