More information regarding GST registration under the GST rules for low value goods can be found on this link. In the event that you or your customers are required to be registered for New Zealand GST, in light of the new GST law changes in New Zealand, it would be prudent to obtain ...
1. Goods and Services Tax (GST) Since 1 January 2023, imported goods that are valued at more than S$400 are subject to an 8% GST fee, which is paid to the Singapore tax department. This comes after the 2022 Budget, which announced that the GST ...
(Goods and Services Tax) at 15% on supplies of low value imported goods (LVIGs) if sales to New Zealand private consumers in a 12-month period exceed NZ$60,000. The $60,000 threshold is the same GST registration threshold that applies to domestic businesses and offshore suppliers of ...
The new GST platform rules are now law and due to take effect from 1 April 2024. We take a look at how these new rules will affect short-stay accommodation providers. Read more Solutions Indirect Tax Advisory Deloitte New Zealand offers the largest national indirect practice in New Zeal...
Goods (including secondhand items)worth over NZ$1,000 are subject to import duty and Goods and Services Tax (GST)at the New Zealand customs. However, if your shipment includesalcohol or tobacco, while valued below the de minimis rate, you are required topay both the import duty and GST. ...
Goods and services tax (GST) which is levied at the rate of 15% on the consumption of most goods and services in New Zealand is the other major source of taxation revenue.Double-taxation treaties (DTTs) with various countries may create an exemption from full tax liability within New ...
(v) use the Payments Services or the Payment Processing services in a manner that a Payment Network reasonably believes to be an abuse of the Payment Network or a violation of the Payment Network Rules; or, (vi) work around any of the technical limitations of the Payments Services or ...
(v) use the Payments Services or the Payment Processing services in a manner that a Payment Network reasonably believes to be an abuse of the Payment Network or a violation of the Payment Network Rules; or, (vi) work around any of the technical limitations of the Payments Services or ...
While the introduction of GST on the platform economy garnered a lot of media attention, the reporting rules intending to monitor compliance with these new rules have largely flown under the radar. Transfer Pricing – year end is approaching, is this something I need to think about?
Introducing remedial amendments for limited partnerships, including allowing nonresident partners to access AIL in some cases Providing a number of remedial goods and services tax (GST) changes, many of which are aimed at easing compliance costs for taxpayers ...