Import, Export & International Trade
Accountant for Importers and Exporters in Sydney
GST on imports, foreign currency reconciliation, customs duty allocation, and international tax obligations — handled correctly from day one.
Import and export businesses face accounting challenges that most local accountants have never encountered — GST on imported goods, foreign currency transactions, customs duty, and sometimes international tax obligations in multiple jurisdictions. ANH Accounting works with Sydney-based import and export businesses across a range of industries.
Who we help in import, export & international trade
Ecommerce and Amazon sellers
Landed cost, stock valuation, GST on imports, marketplace reporting and profit by product.
Wholesalers importing from overseas
Duty, freight, FX and cash flow planning for large and repeated shipments.
Small exporters
GST-free export evidence, overseas customers, FX and structuring for growth.
The accounting challenges import, export & international trade face
We have seen these issues repeatedly — and know exactly how to resolve them.
GST on imported goods
GST applies to most goods imported into Australia at the border. For goods under $1,000, GST may apply through the vendor's registration. For goods over $1,000, GST and duties are collected by Border Force. Correctly claiming GST credits on imports requires specific documentation.
Foreign currency transactions
Every foreign currency transaction must be converted to Australian dollars at the appropriate exchange rate. Unrealised and realised foreign exchange gains and losses must be correctly accounted for and disclosed in your tax return.
Customs duty allocation
Customs duties and import fees form part of the cost base of imported goods for accounting purposes. Incorrect allocation affects your cost of goods sold, inventory values, and ultimately your tax position.
International tax obligations
Businesses with overseas subsidiaries, warehouses, or foreign source income may have transfer pricing, permanent establishment, or foreign income tax obligations. We identify your obligations and ensure compliance.
Free 30-minute strategy session
Get clear advice for your import, export & international trade business
- A registered tax agent reviews your situation
- You leave with at least one practical next step
- No obligation, and we reply within 24 hours
What we do for import, export & international trade
- Xero bookkeeping with multi-currency
- GST on imports — input tax credit claims
- Foreign currency reconciliation
- BAS / IAS preparation & lodgment
- Annual tax returns
- International tax advice
- Business structure for international trade
- ATO correspondence
What you can expect
All GST credits on imports correctly claimed
Foreign currency transactions reconciled accurately
Tax obligations across jurisdictions identified and managed
Customs duty correctly allocated to inventory cost
Why import, export & international trade choose ANH Accounting
Start with a free 30-minute session
We review your situation, identify savings opportunities, and outline exactly what we can do for your import, export & international trade business — no charge, no obligation.
After hours & weekend appointments available
Rated 5.0 on Google from 36 reviews
What clients say about working with ANH Accounting
Khaled was incredibly professional and prompt in assisting us with our ASIC paperwork. His efficiency and attention to detail made the process seamless. This is the kind of exceptional service everyone desires. Thank you, ANH Accounting, and a special thanks to Khaled!
I recently had the pleasure of working with ANH, and I can confidently say it was a fantastic experience! The quality of service was outstanding, with attention to detail and a commitment to excellence evident in every interaction. I appreciated their transparency throughout the process, making it easy to stay informed and involved.
Khaled was my accountant, very professional and gets the job done quickly. 5 Stars all day.
Common questions from import, export & international trade
What is transfer pricing and does it apply to my business?
Transfer pricing rules apply when related parties in different countries transact with each other — for example, an Australian importer buying goods from a related overseas manufacturer. The ATO requires that these transactions be priced as if they were conducted between unrelated parties at arm's length. Non-compliance can result in transfer pricing adjustments and penalties. We assess whether your cross-border related-party transactions trigger these obligations.
How is GST on imports calculated and when can I claim it back?
GST of 10% applies to the value of taxable imports, which includes the customs value, duty and freight and insurance to Australia. If you are registered for GST and the goods are for business use, you can generally claim the GST back as a credit on your BAS. We set up your reporting so import GST is captured correctly.
Do I pay customs duty, and how is the value of goods set?
Customs duty depends on the type of goods, their country of origin and any trade agreement, and it is applied to the customs value. Getting the classification or value wrong can lead to overpaid duty or penalties. We work alongside your customs broker so your accounting matches your import declarations.
Are exports GST-free, and what proof do I need?
Most exports of goods are GST-free if you export them within 60 days of invoicing or payment and hold evidence such as shipping documents and commercial invoices. Missing evidence can make the sale taxable. We set up a records process so every export is supported.
How do I account for foreign-currency purchases and supplier payments?
Foreign-currency transactions are recorded at the exchange rate on the transaction date, and gains or losses arise when you pay or when you revalue balances. Without a consistent method, your profit can be misstated. We set up multi-currency in Xero and handle FX reporting.
Do I need a customs broker or can I self-clear?
Many small importers use a customs broker because declarations are technical and mistakes are costly, while some self-clear low-volume shipments. The right choice depends on your volume and goods. We coordinate with your broker so costs and GST flow correctly into your books.
Related accounting specialisations
General information only, last reviewed October 2026. Tax rules and thresholds change, so confirm your situation with ANH Accounting (Registered Tax Agent RN 26258346) before acting.
Ready to get your accounting handled properly?
Book a free 30-minute session with ANH Accounting. We'll review your current situation, find opportunities, and tell you exactly what we can do for your import, export & international trade business.
Registered Tax Agent RN 26258346 · IPA · IFA · CPA · CA · Xero Certified · Est. 2018