This guide provides an overview of GST in New Zealand, including applicable rates, registration requirements, compliance obligations, and filing deadlines. It is designed for businesses engaging in transactions within New Zealand.
New Zealand’s GST is seen as a global model: one flat rate, no exemptions, and highly efficient.
Foreign businesses incurring expenses in New Zealand? You might be eligible for a GST refund.
In order to apply for a New Zealand GST refund, and entity would first need to register with the New Zealand tax office - this will be done as part of the first submission for a New Zealand GST refund. Generally, an entity would only be eligible for a New Zealand GST refund if it is not established in New Zealand and does not make taxable supplies that would be subject to New Zealand GST.
A New Zealand GST refund must be submitted bi-annually and must exceed NZD 500.00 for the claim to be processed by the tax office.
Generally, if New Zealand GST has been charged incorrectly, the invoice would not be eligible to be included in a New Zealand GST refund. The entity would need to contact the supplier to have the incorrectly charged New Zealand GST refunded. This is something that VAT IT can assist with as we can contact the supplier and request that the incorrectly charged New Zealand VAT be refunded.
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