GST Calculator

The New Zealand GST calculator is a free online tool for working out sales tax.

The material on this website has been prepared for general informational purposes only and is not intended to be relied upon as accounting, legal, tax, or other professional advice. Please refer to your advisors for specific advice.

Instructions:

1. Select the number fo decimal places you'd like to use from the drop-down list (the default is 2).

2. You can use the Tab key to to move to the next field, and shift-Tab to move to the previous field.

3. Enter value you'd like to calculate in the first box.

4. Select the tax rate you need from the dropdown list.

5. Click/tap the "Add GST" or "Subtract GST" button depending on your requirement.

6. Click/tap the button to copy the result value to your device's clipboard.

Exemptions:

The standard rate of GST applies to all supplies of goods or services unless a specific measure provides for a reduced rate, the zero-rate or an exemption.

Examples of goods and services taxable at 0%

Sale of a business as a going concern
Exported goods
Certain exported services (excluding exported services that are acquired to enable or assist a change in the physical or legal status of land located in New Zealand)
Services performed outside New Zealand
First sales of refined precious metals for investment purposes
Supplies of financial services to businesses that make taxable supplies in excess of 75% of total supplies where the supplier has elected to do so
Certain transactions involving emissions units
Exported secondhand goods if the recipient gives the supplier an undertaking in writing that the goods will not be reimported into New Zealand
Certain supplies of which land is a component by GST-registered vendors to taxable persons
Supplies of remote services made by non-established businesses to GST-registered New Zealand customers, where the supplier chooses to zero-rate

Some specific supplies have an effective rate of 9% through the GST valuation rules.

Examples of goods and services taxable at 9%

Supplies of accommodation and other domestic goods and services in a rest home where nursing care and other services are provided
Supplies of long-term accommodation in a hotel or motel

The term "exempt supplies" refers to supplies of goods and services that are not liable to GST and that do not qualify for input tax deduction.

Examples of exempt supplies of goods and services

Financial services (although some qualify for the zero rate)
Sales of donated goods and/or services by nonprofit organizations
Certain real estate transactions
Supply of fine metals

Option to tax for exempt supplies. In some cases, suppliers of financial leases can elect to treat their interest income as taxable supplies instead of exempt supplies.

Country Information:

What is New Zealand's sales tax name?

Goods and services tax (GST)

What is New Zealand's sales tax called in New Zealand?

Goods and services tax (GST)

When were New Zealand's sales tax(es) introduced?

October 1st 1986

Who administers New Zealand's sales tax?

Inland Revenue Department (IRD) (http://www.ird.govt.nz) and New Zealand Customs (www.customs.govt.nz)

What is New Zealand's sales tax threshold?

NZD60,000

What are New Zealand's trade bloc memberships?

Trans-Pacific Strategic Economic Partnership Agreement (TPP)

Association of Southeast Asian Nations (ASEAN) - Australia - New Zealand Free Trade Area

South Pacific Regional Trade and Economic Co-operation Agreement (SPARTECA)

What is GST in New Zealand?

GST is the Goods and Services Tax, a value-added tax applied to most goods and services in New Zealand.

What is the current GST rate in New Zealand?

The current GST rate in New Zealand is 15%.

What types of goods and services are subject to GST in New Zealand?

Most goods and services in New Zealand are subject to GST, with some exceptions such as exports and financial services.

Who is responsible for collecting and remitting GST in New Zealand?

Businesses registered for GST in New Zealand are responsible for collecting and remitting GST to the government.

How does GST work in New Zealand?

GST in New Zealand works by adding the tax to the price of goods and services, which is then paid by the consumer. Businesses registered for GST then pay the collected GST to the government.

What are the compliance requirements for businesses with respect to GST in New Zealand?

Businesses must register for GST if their annual turnover is over NZD 60,000, and must file regular GST returns and pay the GST they have collected to the government.

What are the consequences for non-compliance with GST in New Zealand?

The consequences for non-compliance with GST in New Zealand can include fines and penalties, as well as damage to a business's reputation.

What has been the impact of GST on the New Zealand economy?

GST has been a significant source of revenue for the New Zealand government and has contributed to the stability of the country's economy. However, it has also been criticized for being regressive, as lower income individuals spend a greater proportion of their income on GST-taxed goods and services.

Have there been any recent changes to GST in New Zealand?

There have not been any significant changes to GST in New Zealand in recent years, although the rate has increased from 12.5% to 15% in 1989.

Who was the politician responsible for pushing for the implementation of GST in New Zealand?

The implementation of GST in New Zealand was initiated by the National Party government under Prime Minister Jim Bolger in 1986.

How was the implementation of GST received by businesses and individuals in New Zealand?

The introduction of GST in New Zealand was met with some opposition from businesses and individuals. Some felt that it would increase the cost of goods and services, while others believed that it would simplify the tax system and make it fairer. Overall, it was a contentious issue at the time of implementation.

Was there any political opposition to the implementation of GST in New Zealand?

Yes, there was political opposition to the implementation of GST in New Zealand. The Labour Party and other political groups criticized the National Party government's proposal, arguing that it would harm lower-income families and small businesses.

How did the business community in New Zealand react to the implementation of GST?

The business community in New Zealand had mixed reactions to the implementation of GST. Some businesses supported it, seeing it as a simpler and fairer way to tax goods and services. However, others were concerned about the administrative burden it would impose and the increased costs it would bring.

Was the implementation of GST in New Zealand successful?

Yes, the implementation of GST in New Zealand was successful. It has become an integral part of the country's tax system and has helped to simplify the tax system and make it fairer. Today, GST is one of the main sources of government revenue in New Zealand.

What is New Zealand's currency?

New Zealand dollar (NZD) - NZ$

What continent is New Zealand on?

Oceania

What geographical region is New Zealand in?