Aussies get GST reprieve on cheap imports

Online shoppers won't have to start paying GST on items ordered from overseas below $1000 until July 2018 after parliament's lower house rubber-stamped a delay.

Australians will have to pay GST on items worth less than $1000 bought from overseas from July next year.

Parliament's lower house on Wednesday rubber-stamped a one-year delay to the legislation which was announced in the May budget.

The Turnbull government has also agreed to a request for the Productivity Commission to review the measure and report back by October 31.


Share

1 min read

Published

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world