- From 1 April 2024, online marketplace operators will need to collect GST on all listed services provided through their platform
- Listed services include ride-sharing, food and beverage delivery, and short-stay accommodation
- GST will also apply to closely connected services facilitated through the online marketplace
- The impact on drivers, deliverers, and accommodation hosts will depend on whether they are GST registered or not
- GST-registered sellers will need to treat the supply of listed services as zero-rated on their GST return
- Non-GST registered sellers will be subject to a flat-rate credit scheme, where the online marketplace collects and returns 6.5% GST to Inland Revenue and passes the remaining 8.5% to the seller
- Examples are provided for both GST-registered and non-GST registered sellers to illustrate how the new rules apply
Source: ird.govt.nz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
