Be the first to know with VAT IT Reclaim

Published:September 9, 2019

New Zealand: GST Exemption on Low-value Goods Removed

From 1 December 2019, GST will be applied to low-value goods imported into New Zealand. This change is as a result of recent amendments to the Taxation Legislation in New Zealand. These changes are applicable to imported goods valued at or below NZD 1000. It is also required that non-resident sellers, operators of electronic marketplaces and persons who assists sellers with the delivery of goods to New Zealand to register and return GST on these supplies, if they exceed, or are expected to exceed, NZD 60,000 in total over a 12-month period. The new rules are in effect from 1 December 2019, however, non-residents suppliers can register from 1 September 2019.

Subscribe to our monthly VAT newsletter

Latest news and updates

Belgium extends summer VAT declaration deadlines

The 20 July 2021 deadline is now extended to 10 August 2021. And the 20 August 2021 deadline is now moved to 10 September 2021. 

read more

Take advantage of flexible terms for imports from the EU to UK

EU officials have issued a reminder to EU traders importing into the UK that they can take advantage of flexible import terms. 

read more

Will the EU impose tariffs on UK for perceived Brexit breaches?

Writing in the Telegraph, European Commission Vice President Maros Sefcovic warned that “the EU will not be shy in reacting swiftly, firmly and

read more