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New Zealand’s Digital Platforms Now Subject to GST

  • GST is now applicable on digital platforms in New Zealand
  • Concerns were raised about eroding the GST base and competitive distortions
  • Digital platforms are required to pay GST on listed services from 1 April 2024
  • The rules survived a change in government despite initial opposition
  • Sellers can claim back a flat-rate credit of 8.5% of GST collected if they are not GST-registered

Source: taxathand.com

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.

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