Subject:
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Re: bizarre changes to postage stamps due to GST
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Newsgroups:
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lugnet.loc.au
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Date:
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Thu, 15 Feb 2001 01:36:37 GMT
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Viewed:
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373 times
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More on this international/domestic stamp thing:
There was a changeover period which expires about now, where you could
freely interchange International and Domestic stamps without penalty. This
has been extended for another month or so. Then it all changes a bit from
what was initially going to happen:
Aus Post have decided that you can use domestic stamps on International post
from then on provided that you add an extra 10% value. i.e. if
international postage was worth $1 then you could put a $1 International
stamp on OR $1.10 of domestic stamps. This is because Aus Post must pay the
GST component of all domestic stamps regardless of what use they are put to.
International postage is considered an export and so is GST free, hence the
different stamps.
This change was made because collectors were concerned that overseas people
wouldn't collect "true" (i.e. domestic) Australian Stamps as they wouldn't
receive them on their letters. Aus Post has agreed and the ACCC has
apparently approved the change.
So there you go. Confused? :)
This info arrived yesterday in a 2 page letter from Aus Post sent to all
Stamp Bulletin subscribers. (I used to collect stamps, I no longer do, but
I'm still on their mailing list).
Deidre
drb@tasmail.com
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Message has 1 Reply:
 | | Re: bizarre changes to postage stamps due to GST
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| In lugnet.loc.au, Deidre Rushton Brumby writes: snip..snip (...) Shouldn't this be the other way...since you have paid GST on domestic stamps already, why would you pay it again to use them for export. But if you bought International Stamps and used (...) (23 years ago, 15-Feb-01, to lugnet.loc.au)
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Message is in Reply To:
| | Re: bizarre changes to postage stamps due to GST
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| (...) I agree it's a fine line but you have put your finger on the nub of the problem: a stamp is a receipt. If GST was charged on the service and not on the stamps, then buying a stamp would simply be a receipt fo advanced payment received by (...) (23 years ago, 9-Feb-01, to lugnet.loc.au)
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