Possible lowering of GST threshold on parcels

[Zippo]

Because Australia is looking into it, New Zealand is now following by trying to get GST (15% here) added to online digital services. Parcels are too hard at the moment.

If it was just about adding GST it might be ok, but as soon as tax is added on then 3 more taxes are added pushing a $60 GST bill to $120 - and then there is the 5 day wait for the "next business day" letter advising you how to pay your bill.

[griffin]

GST on online purchases will start 1st of July 2017... depending on if Federal Labor backs it, as the legislation would need to be passed before the next election. (so a change of government probably won't make a difference)

As expected, the men running the finances of the country decided against removing GST from specific feminine (health) products.

[griffin]

GST on online purchases will start 1st of July 2017... depending on if Federal Labor backs it, as the legislation would need to be passed before the next election. (so a change of government probably won't make a difference)

As expected, the men running the finances of the country decided against removing GST from specific feminine (health) products.

To offset this extra expense to the rich, Joe Hockey has been noted saying that he wants to cut the top income tax bracket, because the rich are apparently paying too much tax.... because, you know, every rich person is actually paying that full 47% tax rate and struggling.
(tax deductions, tax-havens, profit-shifting to trusts, Super accounts and off-shore branches of their own business, etc, allows the uber-rich to pay a lower percentage of tax than people in the lower tax brackets... after all, the rich and the friends of the rich get into politics to create the Tax laws that allow them to make millions in allowances, and then avoid having to pay as much tax as the rest of us )

If Hockey needs an incentive for people to work harder without being slugged in taxes, then maybe cut the tax rates for the lower brackets, who don't have the money to move into tax-deductible programs or the accountants needed to facilitate tax avoidance for a hefty (yet cheaper than a tax bill) fee.

With this guy also wanting to be OUR Prime Minister, as the Australian figurehead on the world stage, the next federal election should be interesting.

[Lint]

With this guy also wanting to be OUR Prime Minister, as the Australian figurehead on the world stage, the next federal election should be interesting.

I feel like my life just got shortened by a couple of minutes

[BigTransformerTrev]

Well they have agreed on it

Looks like it is going to be on ALL online overseas purchases, regardless of cost. Not going to come in until the 2nd half of 2017 though.

http://www.gizmodo.com.au/2015/08/al...nt-gst-charge/

[CBratron]

Oh FFS. I just read that gizmodo article and was about to post the link here.

[UltraMarginal]

eh, it's still not being enforced for another 18 months assuming it actually gets passed in parliament.

and seriously 10% hurts the wallet but not as much as a 30% drop in the dollar. if the dollar goes back to parity I'll still be buying a lot of stuff from overseas.

[BigTransformerTrev]

Oh FFS. I just read that gizmodo article and was about to post the link here.

I was busy writing mine and posting it while Griffin must have been posting his

[Tetsuwan Convoy]

Well they have agreed on it

Looks like it is going to be on ALL online overseas purchases, regardless of cost. Not going to come in until the 2nd half of 2017 though.

http://www.gizmodo.com.au/2015/08/al...nt-gst-charge/

Order a bunch of 10cent items in single orders and make them waste their time

[G1Optimal]

http://www.gizmodo.com.au/2015/08/al...nt-gst-charge/

According to that link that if they could start it sooner, so the date could be fowarded before july 2017