GST on accommodation supplied through electronic marketplaces – opt-out agreement criteria

Determination issued on 21 May 2024 regarding criteria for entering into an opt-out agreement for supplying accommodation through an electronic marketplace.
The determination applies to hostels and motels registered for GST on or before 1 April 2024, exceeding the GST registration threshold of $60,000.
It allows hostels and motels that don’t meet the statutory opt-out thresholds to opt-out of the electronic marketplace rules.
The determination applies from 21 May 2024 for taxable periods starting on or after 1 April 2024 and ending on or before 31 March 2025.
The Commissioner of Inland Revenue has the power to make determinations to enable certain underlying suppliers to opt-out of the marketplace rules based on compliance costs and the size and nature of their services.