New Zealand GST
New Zealand introduced a Goods and Services Tax (‘GST’) on 1 October 1986. This is similar to VAT, and based on the OECD’s standard indirect tax regime model. It is one of the most progressive regimes in the world, with a wide base and limited exemptions.
GST is jointly administered by the Inland Revenue and Customs.
Should you GST register for New Zealand GST?
Foreign companies, with no fixed establishment in New Zealand, providing taxable goods or services to New Zealand customers may be required to GST register as a non-resident. This then requires them to charge GST on relevant supplies, complete periodic GST returns and remit collected taxes.
Examples of taxable supplies requiring GST registrations by foreign companies include:
- Importation of goods into New Zealand with an onward sale
- Providing digital services (streaming media, e-books, software, news, apps etc.) to consumers
- Organising live events and conferences
- Buying and selling goods in New Zealand, known as domestic supplies
Providing services to New Zealand businesses generally does not require a GST registration.
Latest New Zealander news
Nov 14, 2019
New Zealand is to abolish its 15% Goods and Services Tax exemption for parcels at or below NZD 1,000 (€570) from 1 December 2019. Sellers will instead be obliged to charge GST at the point-of-sale
May 1, 2018
New Zealand is considering withdrawing its low-value consignment stock threshold for import Goods and Services Tax from 1 October 2019. The proposed measure would help...
April 5, 2018
Overview This release is a maintenance release of the VAT Reporting application for the month March. It includes changes to reports, modifications and bug....