Anatomy of a new tax

Appliance retailers are facing a dilemma as the country’s treasurers meet today to discuss lowering the Goods and Services Tax low-value threshold (LVT). On the one hand, such a move could lead to consumers paying a new ‘parcel pick-up tax’ when buying from small online retailers and impact sales. While, on the other, it will level the playing field for Australian-based retailers to ensure future viability and global relevance.