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    • UK Based Global VAT and Tax Compliance Consultants
    10
    Mar

    Changes To Low Value Import Rules In Australia


    Currently all goods imported into Australia with a value of less than 1,000 AUD are exempted from from payment of import GST. However effective 1 July 2017, this exemption will be removed and import GST will be payable on all goods imported regardless of their value. These changes will mean that many businesses not established in Australia will have to register for GST if the threshold is breached.