Revenue minister Stuart Nash has announced that GST will go on internet shopping purchases from October next year for goods imported by consumers. This move is expected to raise NZ$ 112m annually within 3 years. The NZ Government decision follows the Australian example and is expected to help level the playing field for NZ retailers. The proposed rules are to be included in a bill currently scheduled for introduction to the House in Nov 2018. Summary of the proposal from 1 October 2019
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Tuesday, 23 October 2018
Posted: 4 weeks 1.2 days ago
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