Lowdown on GST change

Joondalup Times - - STREET WATCH -

From Sun­day, taxes will be ap­plied to low-value im­ported goods but the effects are a mixed bag. re­ports. GST is about to kick in for all low-value would be a com­mer­cial de­ci­sion the in­tro­duc­tion of GST to dig­i­tal ser­vices im­ported goods, but what changes will whether to raise prices on July 1 and like Net­flix last year, would be a you see when you head on­line to shop some may in­clude the GST in the ad­ver­tised boost to the broader re­tail in­dus­try. on Sun­day, July 1? price, while oth­ers may show But Dr Har­ri­gan said he did not

UWA Busi­ness School se­nior mar­ket­ing it dur­ing check­out. think the move would change con­sumers’ lec­turer Paul Har­ri­gan said peo­ple Aus­tralian Re­tail­ers As­so­ci­a­tion ex­ec­u­tive pur­chas­ing habits and thought might see the tax straight away on di­rec­tor Rus­sell Zim­mer­man it would have a neg­li­gi­ble im­pact on some sites but not on oth­ers and there said the changes would put local re­tail­ers local busi­nesses. was some un­cer­tainty around en­sur­ing on a level play­ing field. “Not only would I sug­gest that con­sumers com­pli­ance to the new law. “We’re hop­ing this tax fair­ness will typ­i­cally save more dol­lars by

“I would sug­gest that this will be give a much-needed boost to the in­dus­try,” shop­ping on­line than this tax will cost very com­pli­cated,” he said. he said. them, but on­line shop­ping is now a

An ATO spokes­woman said for busi­nesses Mr Zim­mer­man said the move to learned be­hav­iour for con­sumers,” he earn­ing more than $75,000, it ap­ply GST to tan­gi­ble prod­ucts, such as said.

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