New Zealand’s new GST on low-value imported goods

The Taxation (Annual Rates for 2019-20, GST Offshore Supplier Registration and Remedial Matters) Act received the Royal assent on 26 June 2019 and is now enacted.

From 1 December 2019, offshore sellers (including electronic marketplaces and redeliverers) will be required to register and account for GST at 15% on supplies of low value imported goods (LVIGs) if sales to New Zealand private consumers in a 12-month period exceed NZ$60,000. The $60,000 threshold is the same GST registration threshold that applies to domestic businesses and offshore suppliers of cross-border remote services.

We have prepared a roadmap setting out the timeline of the changes and providing a summary of next steps for impacted sellers, which you can download below.

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Contact us

Eugen Trombitas

Partner, PwC New Zealand

Tel: +64 21 493 903

Phil Fisher

Partner, PwC New Zealand

Tel: +64 27 462 7505

Sandy Lau

Partner, PwC New Zealand

Tel: +64 21 494 117

Catherine Francis

Director, PwC New Zealand

Tel: +64 20 406 76744

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