Taxes

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Travel and other Australian topics.

What is Currency and Banking in Australia?

Taxes

Taxes
On 1 July 2000, Australia came into line with many other nations with the introduction of a tax reform package aimed at making the country even more competitive. As a part of the tax reform program, a number of taxes were removed and a goods and services tax (GST) of 10 per cent imposed. There are several inbound visitor specific initiatives in the tax reform package: - International flights and domestic flights purchased overseas by non-residents are GST free. Continuous domestic legs of international journeys are also GST free.
- Under the Tourist Refund Scheme (TRS), tourists can claim a refund at the departure gate for GST and WET (wine equalisation tax) paid on goods purchased in Australia that they take with them.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Australian Tip Site? Request a Tip Now!


Guru Spotlight
Christina Chan