Factoring in VAT and GST for overseas customers We’ve previously talked about valued-added tax (VAT), the consumption tax charged by most countries around the world, including Australia, although ours is called GST. In that post, we talked about a couple of...
Understanding VAT and GST VAT simply means a value added tax. In Australia, the goods and services tax (GST) is a VAT of 10% on most goods and services sales. Further, VAT tax is a consumption tax that’s collected incrementally, based on the increase, or “value...