NZ Goods and services tax (GST) Rates New Zealand — Goods and services tax (GST)

General VAT Rate Other Rates Local Currency
15% 0% Dollar (NZD)

New Zealand's general VAT rate is 15%, with other rates including 0% that can apply to certain transactions. The Goods and services tax (GST) is administered by the Inland Revenue (http://www.ird.govt.nz) in Wellington.

New Zealand has a 9% reduced VAT rate on long term accomodation
.

New Zealand's consumption tax is called the Goods and services tax (GST), which was introduced in October 1986.


New Zealand GST rates for 2017

Standard
15%
Other
Zero-rated, exempt and non-taxable

New Zealand GST return periods

Businesses in New Zealand that are required to collect tax from consumers must file regular tax returns with the Inland Revenue in Wellington. New Zealand's GST return periods are:

One month
Taxable turnover exceeds NZD24 million (optional for other registered persons)
Two months
Taxable turnover between NZD500,000 and NZD24 million)
Six months
Taxable turnover below NZD500,000

New Zealand GST registration number format

Businesses in New Zealand that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Inland Revenue, and will follow a certain format. The GST registration number format is Taxable persons use tax registration numbers (IRD number) for GST purposes in the format xx-xxx-xxx; effective from 2008, nine-digit numbers are issued to new GST-registered persons.


New Zealand Goods and services tax (GST) Thresholds

These are the revenue thresholds at which businesses in New Zealand are required to start collecting and remitting tax.

Registration
NZD60,000

Recovery of GST by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. In New Zealand, taxation of a non-established business is: Yes, since 1 April 2014


New Zealand VAT Refunds

Many countries allow tourists, and others making purchases for export, to receive a VAT refund on exiting the country (or make purchases VAT free). While we don't have data on the New Zealand VAT refund program, more info can be obtained from the Inland Revenue.


NZ Goods and services tax (GST) Rates New Zealand Tax Sources & Citations

  • EN: New Zealand Value Added Tax
  • RU: НДС
  • CN: 增值税
Note: This page is intended to be a simple overview of New Zealand's consumption tax structure, is provided as-is, and is not legal advice. Please let us know if any of the New Zealand tax information on this page is incorrect or out of date.
Citations:
  1. New Zealand Inland Revenue (http://www.ird.govt.nz)
  2. Ernst & Young global VAT tax study, New Zealand (updated 2017)

  3. ← Back to World VAT Rates
** This Document Provided By SalesTaxHandbook **
Source: http://world.salestaxhandbook.com/nz-new-zealand