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.
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