Monthly Archives: July 2018

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What happens if someone doesn’t quote their ABN?

The Government announced in the Federal Budget in May 2018 that businesses will no longer be able to claim a tax deduction where an ABN is not quoted. Note: These measures will apply from 1 July 2019. If a business or contractor supplies goods or services to your business and they do not provide their [...]

2018-07-25T16:15:32+08:00July 25th, 2018|

Will the new changes to GST on imported goods affect you?

New rules regarding the GST treatment on importing “low value” goods will be in place from 1 July 2018. Will these changes affect you? Until 1 July 2018, a GST and customs duty exemption applied to imported goods with a customs value of less than $1,000, however from this date the exemption is set to [...]

2018-07-11T17:03:44+08:00July 11th, 2018|
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