What it means for your business
The Federal government shows little interest in lowering the GST-free threshold on overseas purchases. Yet each new Federal budget raises the spectre of an increase in the local rate of GST or a broadening of its base. The result is ever increasing competition from overseas online retailers.
How Grant Thornton can help
You can minimise the impacts of indirect taxes, and our team of specialists know the structures to adopt. We can advise you on GST, customs duty, payroll tax, worker’s compensation, PAYG, stamp duty, land tax and superannuation.
We negotiate hard with the ATO to for the right resolutions for clients and, where necessary, advocate before the tax tribunal and beyond.