GST

Client information

Publishers' information

The Australian Tax Office has ruled [ref: GST/CNN/CWMS 44546 from Mr. Rick Matthews, Deputy Commissioner of Taxation] that we act in our own right in arranging for subscriptions to be provided by the publishing houses to the client.

This service is a "taxable supply" in its entirety (i.e. Globe should charge GST on the compound price). Therefore whether the title is Australian or overseas sourced, the price charged by us includes GST but for only Australian consumers.

Our charges include GST applicable to Australian consumers and are based on publisher's price which is defined as the total subscription price per annum to the subscriber including postage but net of GST charged by the publishers. Our service fee is added to the published price (net of GST) and the total then is subject to GST.

The title/s on our tax invoice are priced inclusive of GST. As all our invoices are proforma until confirmed or amended by client, the Australian Tax Office has recognised that the GST liability is only known after review / payment. Therefore no credit adjustment note is necessary for any invoice which is amended.

The Australian Tax Office has ruled [ref: GST/CNN/CWMS 44546 from Mr. Rick Matthews, Deputy Commissioner of Taxation] that we act in our own right in arranging for subscriptions to be provided by the publishing houses to the client.

The publishing houses are to issue a tax invoice/receipt to Globe in order to claim the input credit within the stipulated period of 28 days of the request noted on our order/s. Alternatively, to save them time, the publishing houses may authenticate our prepaid order as a tax invoice. The order is appropriately worded and contains all the necessary information to satisfy the ATO. 

As a courtesy, we issue follow-ups to assist publishers to provide the tax invoice within a reasonable time.