GST Direct: Issue 29

Bringing you the latest GST and Customs developments

In this issue:

Keeping abreast of Inland Revenue’s GST focus areas

Inland Revenue has increased its activity in GST reviews and audits with a greater level of sophistication and depth.

Low value threshold for imported goods

In this article we provide an update on the low value threshold for imported goods.

GST and property – common mistakes

Based on the number of errors we see with GST and property transactions there is still a lack of clarity around the compulsory zero rating (CZR) rules introduced in April 2011. We outlined some common mistakes concerning GST and land transactions.

Digital products and remote services purchased from offshore sellers

Read about the latest GST developments in New Zealand and overseas on cross border remote services.

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