Lifestyle

  • Written by Sue Nelson
Australia’s book industry: authors, publishers, booksellers and rights managers are calling on the Federal and State Governments to reduce the Low Value Threshold on offshore purchases to zero.
 

The Australian Society of Authors, the Australian Publishers Association, the Australian Booksellers Association, the Copyright Agency and the Australian Council of Small Business back suggested changes to level the playing field in terms of GST payments on goods purchased offshore, such as books.
 

Chair of the Copyright Agency, Kim Williams, says, “We are very heartened by the current discussions to introduce GST to offshore purchases of books, cameras, clothing, sporting goods etc. As Joe Hockey said, ‘How do I say to a bookseller in Lane Cove, that they have obligations to pay tax, but Amazon selling the same book from overseas doesn't. It's unsustainable.’
 

“However, if the Low Value Threshold can be reduced from $1000 to $20, then the Government should go further and drop the threshold to zero,” Mr Williams says.
 

The ABA’s Chief Executive Joel Becker says, “This is about ending an era of protectionism for offshore businesses – large and small. While hundreds of thousands of us collect and pay our fair share of GST, governments continue to protect offshore businesses who do not pay tax, do not employ Australians, and therefore do not contribute to Australia’s hospitals, schools, roads and other essential services.
 

“As the Government now points out, new technologies have reduced the cost of collection of this revenue, and whether it is an impost at point of purchase on credit cards, or asking the ATO to target the top 50-100 internet retail providers, there are cost-effective, if not cost neutral, ways of collecting the revenue.”
 

The ASA’s Chair David Day says, "Australian authors have been hit hard by untaxed imports of their own books from overseas, for which they receive minimal royalties. They want to see fairness restored to the Australian book market.”

The Viw Magazine

Sick and Tired of Your Dead End Job? Try Teaching!

Tired of the same old grind at the office? Want an opportunity to impact lives both in your community and around the world? Do you love to travel and have new experiences? Teaching English is the perf...

News Company - avatar News Company

LifeStyle

Interesting Ways to Have Fun Without Leaving Your House

Having fun isn’t synonymous to going out. This is what a lot of people should know if they’re ...

A Guide for Tenants

The cost of purchasing a home has been increasing, and the size of deposits needed, make buying pr...

Top ways for men to look after their skin

According to Jack Simmons, from Aboutmen, more and more men are taking pride in their appearance a...

Top 10 Caravan Storage Tips & Tricks

Taking caravan trips is a popular Aussie pastime, but if you have spent more than a few days in ...