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Australia no GST rise

  • Feb 14, 2016 | Richard Asquith

Australia no GST rise

The Australian government has confirmed that it is no longer considering a rise to the country’s 10% Goods and Services Tax.

The idea had gained the backing of the business community which is seeking a cut in the Australian corporation tax rate. There had also been demands for a superannuation tax reduction, to be funded by a potential GST rise to 15%.

Australia will continue with its plan to impose GST on foreign providers of digital services to its consumers.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.