Tax Alert 

New Zealand GST on low value imported goods announced

Non-resident retailers selling to New Zealand consumers will be required to register for and charge New Zealand GST.

Following the introduction of an offshore vendor registration for non-resident suppliers of “remote” services in 2016, it is now proposed to have a similar system for suppliers of low value goods to consumers in New Zealand from 1 October 2019. The new rules would apply to offshore suppliers who make supplies (or expect to make supplies) of goods to New Zealand end consumers of NZ$60,000 or more in a 12-month period. Electronic marketplaces and re-deliverers will also have a requirement to register and comply with the new rules.

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• Buyer beware: ring fencing may be here 
• Australia’s GST on low value goods - what you need to know 
• Research & development tax incentive 
• Employee Share Schemes – It’s time to act 
• Are you ready to file your final FBT return? 
• Post-BEPS transfer pricing legislation refresh requires taxpayer action
• How non-residents can get an IRD number without a bank account 
• Have your say on taxing short-term accommodation 
• Recent Developments