by Saving Point Team | May 25, 2021 | Custom Duty, Customs Duty Advisory News, News, Uncategorized
Have you organised your customs duty health check yet? If your business imports products, then there’s a high likelihood that you are over-paying Customs Duty. Duty levels on products can range up to 10%. With more than 16,000 duty concessions available and the...
by Saving Point Team | Nov 30, 2020 | Custom Duty, Customs Duty Advisory News, Duty Planning, Expense Reduction, Import File Audit, News
Pacific Alliance Free Trade Agreement Negotiations between Australia and the Pacific Alliance (made up of Chile, Columbia, Mexico and Peru) began on 30 June. The Pacific Alliance has, over the last decade, become a fast growing economy with a GDP worth over 1.8...
by AmberD | Oct 7, 2020 | Custom Duty, Customs Duty Advisory News, News
Access to a range of tax concession currently available to only those businesses with aggregated turnover under $10 million has been expanded enabling businesses with aggregated turnover less than $50 million to take advantage. As a result, the following small...
by Saving Point Team | Aug 11, 2020 | Custom Duty, Customs Duty Advisory News, News
You’d have to be hiding under a rock not to realise the impact the pandemic is having on business. Many importers are struggling with cash flow issues at the moment. If you’ve found yourself in a position where you’re looking for extra cash, it might be time to review...
by Amber | Jul 4, 2018 | Customs Duty Advisory News, Freight News, Import File Audit
GST On Low Value Imported Goods Department of Home Affairs have issued the following notice regarding GST on low value imported goods. “From 1st July 2018, the Goods and Services Tax (GST) may apply to goods with a customs value of $1,000 or less (low value...
by Ellen Dorward | Jun 8, 2017 | Customs Duty Advisory News, Import File Audit, Uncategorized
On 22nd June 2017, Saving Point is holding an interactive seminar to discuss the tools and processes necessary for Australian businesses to flourish in the arena of international trade. The following businesses and professionals are encouraged to attend: ● Importers ●...