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New Zealand News - Business, Taxation & Offshore



New Zealand To Remove Low-Value Consignment Relief

by Mary Swire, Tax-News.com, Hong Kong

Monday, November 25, 2019

New Zealand is to introduce GST on low-value goods sold by overseas retailers from December 1, 2019. Read Full Story


New Zealand Tops World Bank's 'Doing Business' 2020

by Mary Swire, Tax-News.com, Hong Kong

Friday, November 8, 2019

New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world.Read Full Story


New Zealand Adds To Real Property Tax Reform Plans

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 18, 2019

New Zealand has released a new consultation on proposals to further clarify the deductibility of holding costs (rates, interest, insurance, etc.) where land that is subject to tax on sale is used privately while it is held. Read Full Story


Overseas Suppliers To NZ Urged To Register For GST

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 18, 2019

New Zealand's tax agency has urged overseas businesses who sell goods valued at NZD1,000 (USD629) or less to register for GST ahead of the December 1, 2019, deadline. Read Full Story


New Zealand Guides On Correcting Overcharged Output GST

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 18, 2019

New Zealand's Inland Revenue has released new goods and services tax guidance for businesses who have incorrectly charged an amount of output tax. Read Full Story


New Zealand Offering Simpler, Cheaper Rulings For SMEs

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 4, 2019

On October 1, 2019, New Zealand's Inland Revenue began offering to SMEs and individuals a simplified tax ruling process that is shorter and cheaper.Read Full Story














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