The Taxation (Annual Rates for 2022–23, Platform Economy, and Remedial Matters) Act 2023 was enacted on 31 March 2023.The amendments give effect to changes that require operators of electronic marketplaces to collect GST on supplies of “listedservices” that include:• ride-sharing and ride-hailing• delivery services for beverages, food, or both, and• taxable accommodationthat are performed, provided, or received in New Zealand.The changes take effect on 1 April 2024 unless otherwise stated.Inland Revenue is making changes to its systems and processes in time for 1 April 2024 that will support and provide guidanceto marketplace operators and those that provide services through electronic marketplaces. This includes changes to the GSTregistration process for marketplace operators. Information about these changes will be included on Inland Revenue’s websitecloser to 1 April 2024.The new legislation extends the scope of existing rules that apply to marketplace operators involved in the supply of remoteservices since October 2016 and low value imported goods (also referred to as “distantly taxable goods”) since December 2019.All legislative references in this section of this Tax Information Bulletin are to the Goods and Services Tax Act 1985 (the GST Act)unless otherwise stated.
Source: taxtechnical.ird.govt.nz
