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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Sat, 17 Feb 2001 00:14:51 GMT
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Viewed:
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573 times
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Hi Deidre,
Being an ex stamp collector like yourself, I've wondered what happens when you use
a postage stamp that was released prior to the introduction of the GST, ie., there
wasn't any difference between domestic and international stamps then. I've got
sheets of stamps that haven't increased in collectable value and now wonder if I
can use them for overseas postage?
Mark H.
Deidre Rushton Brumby wrote:
> In lugnet.loc.au, Peter White writes:
> > 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 them domestically, then you
> > would need to add GST worth ?
>
> Yeah, I had to think about that for a bit too but it does make sense (it'll
> give you a headache though!). If postage OS is worth $1, GST free, then if
> you put a $1 domestic stamp on, you've actually only paid 90-91 cents for
> the postage and around 9c GST, so Aus Post are down 9c. They've got to pass
> on that 9c GST no matter what you do with the domestic stamp. So, to get
> the $1 value required you need to pay $1.10 on domestic stamps, so Aus Post
> gets the $1 to carry the letter and the government gets their 10c GST. Or
> you can just buy a $1 International stamp and be done with it (govt gets nil).
>
> Basically, you'd be a fool to put domestic stamps on overseas letters
> because it will always cost you 10% more which goes straight to the tax
> coffers for no actual benefit provided to anyone (except perhaps to Great
> Aunt Hilda who likes to collect used Aust. domestic stamps).
>
> Deidre
> drb@tasmail.com
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Message has 2 Replies:
 | | Re: bizarre changes to postage stamps due to GST
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| (...) use (...) there (...) I (...) I guess Aust Post would be within their rights to demand the extra before they'll deliver it, or make you put 10% more stamps on, though whether they would or not is another question. But should you pay GST on the (...) (24 years ago, 17-Feb-01, to lugnet.loc.au)
| | | Re: bizarre changes to postage stamps due to GST
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| (...) As far as I'm aware there is no distinction between pre and post GST domestic stamps, so after the new cut off date (March 4th) you'd still have to put an extra 10% postage on for international mail using old domestic stamps. You can exchange (...) (24 years ago, 19-Feb-01, to lugnet.loc.au)
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Message is in Reply To:
| | Re: bizarre changes to postage stamps due to GST
|
| (...) Yeah, I had to think about that for a bit too but it does make sense (it'll give you a headache though!). If postage OS is worth $1, GST free, then if you put a $1 domestic stamp on, you've actually only paid 90-91 cents for the postage and (...) (24 years ago, 15-Feb-01, to lugnet.loc.au)
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