Why is GST being phased out?

By Brian WiedenfeldGST ( GST ) is the national sales tax on all purchases of goods and services and is introduced in the federal budget this month.

As it’s a national sales levy, it has been phased out by the federal government.

A report in The Australian newspaper suggests the changes are a good idea.

“GST will help reduce the cost of goods to Australians and reduce government debt,” the report’s author, Dr Robert Hall, from the Institute of Public Affairs, said.

This is a good thing for consumers.

We are also seeing a drop in government debt and it is lower than it would have been had the GST not been introduced.

However, there are some caveats to these numbers.

While the report found the cost per sale of GST was lower than the costs incurred by the goods industry, it also found the impact on revenue was negative.

So the benefits are not nearly as great as the cost savings.

In fact, the study found that the total value of the goods and service tax that consumers paid in the year was actually lower than they would have paid had the levy not been in place.

GST could save consumers money but it could also raise the cost to businesses.

Businesses are often concerned about their GST liability, but they may be unaware of the full extent of the change in the tax they pay.

The GST is the price that retailers pay to cover the GST on goods sold in their stores.

If GST is phased out and replaced by a market price, then the retailers will have to pay GST on their total purchases, regardless of how many units they sell.

But if retailers continue to sell goods at their market price and are able to collect GST on the sales price, they will not be able to charge GST on any excess.

Many retailers are already operating at a loss, meaning they will likely not be in a position to collect the GST they would otherwise have collected.

Furthermore, there will be no benefit for the Government if the GST is repealed, meaning consumers will pay less in taxes.

Dr Hall said this would increase the cost for businesses, as they would not be benefiting from the elimination of GST.

“[The Government’s] plan to remove the GST would make GST collections worse,” he said.

“In fact this could lead to businesses paying more GST, which could increase their tax bills.”

A key point in this argument is that businesses are likely to pay more GST in the short-term, while businesses will pay more when the GST repeal takes effect.

And this will also be true of those businesses who do not have any GST collection capability.

That is, the GST will be retained in the market as the tax is paid.

When the GST was introduced, retailers were required to collect an additional 6 per cent on the total price of goods sold.

Once GST is abolished, the market price of the product will be the GST that is collected.

This means that when retailers collect GST, the actual cost to them will be lower than when they collect it from the Government.

This makes sense in the long-run.

For example, a company may decide that the GST tax collected from the purchase of an appliance is more important than the tax that will be collected from sales of that appliance.

By eliminating the GST, that same company could then have a much lower cost to sell the appliance in the future.

Similarly, a business that sells a product at a lower market price may be able sell the same product at more expensive prices.

Under the GST law, a retailer is required to sell at the market level.

If they sell at a higher price, the price will be subject to GST, and the GST collected from their customers will be higher.

According to the government, the new GST law will result in an increase in revenue for the Commonwealth, but this will increase the costs for businesses and will also lead to a decrease in revenue.

It is likely that businesses will continue to see an increase to the price of their products, and this will likely lead to an increase of revenue for government, although it may not be a direct result of the repeal of GST from 2018.

Some businesses may be concerned about the loss of GST collection capacity.

There are many businesses in Australia that have lost capacity because of GST, according to a report by the Institute for Public Affairs.

These businesses have been able to sell their goods at the lower price that they originally charged.

However, as the GST has been eliminated, these businesses have lost their ability to sell these products at the higher price that the Government originally required.

More generally, the report said that some businesses were operating at an even higher risk of default because they were able to operate at a price that was not the one that was required by the Government for the purchase and sale of goods.

Although this is a bad thing for business, it is