‘Protectionist tariff:’ Warning over tax hit coming for online shoppers

Australian consumers have less than three months until an online shopping tax, as experts warn the “protectionist tariff” will be passed on by businesses without any guarantee taxpayers will benefit.

From July 1, clothing, electronics and furniture bought overseas worth less than $1000 from companies such as Amazon and eBay will be slugged with a 10 per cent GST, as the volume of online shopping surges and local retailers struggle to stay afloat.

via ‘Protectionist tariff:’ Warning over tax hit coming for online shoppers