The impending rules to impose GST on cross-border supplies of digital products and other services by Australian consumers has been discussed.
Products affected include digital products such as streaming or downloading of movies, music, apps, games and e-books and services such as architectural or legal services.
Non-resident businesses who supply these services and meet the A$75,000 annual turnover threshold will need to register for Australian GST.
To Do!
Talk to us about the GST implications for you if goods and supplies you have been acquiring from an overseas business that you may have been using in your business become subject to GST.