2 November 2016
As previously confirmed in our May 2016 newsletter from 1 October 2016 non-resident providers of e-services to consumers who are resident in New Zealand are required to charge GST on their supplies at 15%.
This is subject to a sales threshold of $60,000 (NZD) over a 12 month period and brings the country in line with the EU, Australia, South Korea, Japan, South Africa and others who are already charging VAT on these types of services.
This new tax will be applied to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.
LATEST NEWS
Hungary to introduce mandatory digital VAT filing from...
From 1 January 2027, all businesses registered for VAT in Hungary will be required to file their VAT returns through the country’s eVAT, or eÁFA, system...
SEE MORE
LATEST NEWS
EU customs reform increases responsibilities for...
In September 2026, the EU formally adopted a new Customs Code that will significantly change how goods are imported into the EU. Although the reforms apply...
SEE MORE
LATEST NEWS
Germany plans import VAT accounting reform
Germany is planning to introduce a new import VAT accounting system from 1 January 2030, which could significantly improve cash flow for businesses importing...
SEE MORE