It's wholesale upheaval for services

Article Abstract:

Service industries in Australia expect to raise prices about 10% because of the goods & service tax that takes effect on July 1, 2000. Companies may try to lower costs to limit this increase, but fixed expenses, such as salaries, must be maintained. The removal of the wholesale tax should mitigate somewhat the rise in prices.

Australia, Statistical Data Included, Management, Goods and services tax

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GST myths and risks

Article Abstract:

Australia's goods and services tax (GST), set to be introduced in July 2000, could destroy up to 10% of the small business sector. Marsha Thomson, Victoria's Minister for Small Business, says the sector has not received enough time to ready itself for GST.

Small business

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Are you ready, are you set?

Article Abstract:

Businesses should prepare for the Goods and services tax (GST) to be made law in Australia on 1 July 2000. Advice is given on GST registration, pricing, accounting systems, stocktakes, contracts and penalties for non-compliance.

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