Todays travel hack could be a game changer for you and save you hundreds of dollars that otherwise would have been wasted! Today we will be discussing the Tourist Refund Scheme (TRS) and how even Australian residents can benefit from it on their next overseas trip!
Did you know that you could potentially get the GST paid on your purchases in Australia refunded through the Tourist Refund Scheme (TRS)? That’s right! Even if you’re an Aussie, you may still be eligible for this money-saving opportunity if you’ve spent over $300 at an Australian store within 60 days of travel and are taking your purchases overseas! With the Goods and Services Tax (GST) in Australia set at 10%, you could potentially save a significant amount on expensive items like jewelry, headphones, laptops, and more. Imagine having additional funds to splurge on your trip before you even arrive!
To take advantage of this travel hack, all you need to do is follow a few simple steps. First, make sure you’ve made eligible purchases totaling over $300 from a single Australian retailer. Then, ask for a tax invoice and complete a TRS form. When you’re ready to leave Australia, present your purchases, tax invoice, and TRS form at the TRS facility at the airport, and you may be eligible for a refund (check website for all the details). This would work well for people who are buying an expensive piece of Jewellery or Laptop etc around the same time as their travel. That 10% refund can go straight towards the trip!
For more information on how to unlock your TRS refund, visit here.
