Announcement: 2017 Australia GST Changes
|Announcement: 2017 Australia GST Changes|
Due to recent legislation passed by the Australian tax authority, eBooks sold to customers in Australia are now subject to a 10% Goods and Services Tax (GST). Here’s a summary of the changes:
• Setting List Prices for Amazon.com.au. Starting August 1, 2017, KDP authors will be able to set list prices for Amazon.com.au that include the new GST.
• Royalty Calculation. KDP will deduct GST from the list price you set before calculating royalties on your book’s sales to customers in Australia.
• Minimum and Maximum List Prices. The minimum and maximum list prices for the 35% and 70% royalty plans will not change but will now be inclusive of GST.
• No Change to Existing List Prices. There will be no change to the current list prices of your existing KDP books when they become tax-inclusive on August 1. No action is required of you unless you wish to change your list price(s).
For details about these changes, visit our Help page: