New tools on their way

[Tmuir]

On the first of July in Australia all items purchased from overseas are meant to be subject to 10% GST.

While no-one likes paying more for something the biggest issue is the way the government wants to collect the tax. Rather than collect the tax when the item reaches Australia like it works in most other countries the Australian Government wants to make the company selling the item collect the tax, and pay it directly to the Australian government, this includes ebay and Amazon, who have both said if this law comes to pass on the first of July they will not be doing it, instead they will ban people from Australia buying from their sites except for items on ebay Australia, or Amazon Australia. If they do this its likely other companies will follow suit. Making it much harder to get uncommon items in Australia.

Regardless whether we end up just with a scorched earth policy and Australians having to use other means to buy from overseas items will go up by 10% in just over 6 weeks times, so I need to buy my big ticket purchases before then.

My first one is a Horotec Press for opening screw back cases which I've just ordered.

https://www.eternaltools.com/watch-case-tools/horotec-press-for-opening-screw-back-watch-cases

and a set of carbide gravers for my watchmaker lathe

https://www.eternaltools.com/carbide-gravers

Later this week I think I will be ordering my Chinese watch timer.

I'm looking forward to my goodies arriving.

[robmack]

So, would the application of this Australian law also apply to person-to-person sales?  Or is it only applicable to business-to-person sales?  It seems nightmarish to enforce.  How will the Australian government know that a transaction has been tendered in order to start the collection process?

[Pip]

Wasn't that how the original Mad Max started? 

Aren't Governments around the world just fantastic in the way that they look after the people of their countries. 

[Tmuir]

16 hours ago, robmack said:

So, would the application of this Australian law also apply to person-to-person sales?  Or is it only applicable to business-to-person sales?  It seems nightmarish to enforce.  How will the Australian government know that a transaction has been tendered in order to start the collection process?

If you sold me an item on ebay if ebay didn't just black list Australia like they say they will. Ebay would have to collect the 10% GST and send it to the Australian government. I'm assuming that would mean I would have to pay an extra 10% on final price including postage, as postage is counted for working out GST payable.

If you were to message me on this forum and tell em you had an item for sale and I bought it directly from you, you would not collect the GST as you dont make over $75,000 AUD a year on sales to Australia. Its unclear how or if it would be taxed when it arrived in AUstralia. If it was new it would probably be taxed, if it was old maybe not.

Either way its going to be a disaster, and I want to get my expensive goods from overseas before it kicks in.

Anyone know of a good retailer that sells watch cleaning machines and will ship to Australia without it costing as much as the machine?

[jdm]

Anyone know of a good retailer that sells watch cleaning machines and will ship to Australia without it costing as much as the machine?

Why you need a cleaning machine, it's little more than a fetish fir the fixated. Get a $20 ultrasonic on aliexpress an good fluid.
Also, I think that Australians have litte to complain coming from AUD 1500 allowance Check out EU with VAT (your GST) rats up to 25%. That without mentioning developing countries with duties of 150% and no delivery, you have to go to custom and open the package in front if them.

[Tmuir]

Allowance is $1000 AUD, not $1500. (Until 1st of July when it goes)

I've got a Chinese ultrasonic I currently use which works, but want to step up a notch. I recently sold my BSA motorcycle so have some money set aside for new tools.

I never said Australia has it the hardest, just that costs will go up by 10% on the first of July and I'm just trying to make sure I buy the expensive items I want before then to make my  money go further.

Yes our GST is a lot less than EU, but in general the price of items if bought in Australia is massively inflated compared to overseas, mainly due to the much smaller market place in Australia compared to the EU or the USA.

[jdm]

4 hours ago, Tmuir said:

Yes our GST is a lot less than EU, but in general the price of items if bought in Australia is massively inflated compared to overseas, mainly due to the much smaller market place in Australia compared to the EU or the USA.

I've been to Australia twice in the past few years. On the first occasion AUD was at its peak. It was a bit intimidating to see restaurant meals at $60, beer $5, modest hotels $120 a night, etc. Then I learned that a delivery driver working extra-time, can raise AUD 2400 per week. Most workers in Europe don't get even close to that per month. 

[rogart63]

As you say jdm. I am from Sweden and that is a EU country. If i would to buy say anything from USA or Australia or any country outside EU  i would probably have to pay 25% tax on the watch or parts i buy? Even if i buy from say Norway that is a fellow Nordic country. Strange. But i find a lot of stuff anyway. Both in Sweden and around EU 

Wonder what happens when Brexit kicks in? 

GST is that global shipping that Ebay has? If so that is SH.. 

Edited May 14, 2017 by rogart63

[jdm]

Wonder what happens when Brexit kicks in? 

That Cousins Uk will stop charging VAT at UK rates for non-trade UE orders, which will pay VAT at their rates in customs, plus handling fees and (possibly) import duties.

GST is that global shipping that Ebay has? If so that is SH.. 

No, it's just the name for VAT used in some countries.

 

[Tmuir]

GST = Goods and Services Tax, as said above VAT just under a different name