Iain Blakeley

Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable

VAT on imports

Australia considers $20 import threshold

It looks like Australia will reduce its $1,000 low value import threshold to $20. http://www.smh.com.au/federal-politics/political-news/gst-on-lowvalue-imported-parcels-moving-closer-20150721-gihfgy.html This issue has been around for ages. The main objection to a...

Low value import thresholds distort markets

An expert's report from the European Commission concludes low value import exemption thresholds cause major competitive distortions, including loss of VAT revenues, business closures, business relocations and booming new fulfilment industries. You can find the...