New Zealand GST price rises e-services
- Oct 4, 2016 | Richard Asquith
From 1 October 2016, non-resident providers of e-services to consumers resident in New Zealand are required to charge GST at 15%.
An immediate outcome is a rise in the prices of these types of services, which includes fees for: streaming films, TV, music and games; e-books; membership to online clubs; software; and apps. Netflix, for example, has been reported as raising its monthly prices from NZ$ 12.99 to NZ$ 14.99 this week.
This change brings the country into line with the EU, South Korea, Japan and South Africa.
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara