New Zealand GST returns and compliance changes

Sat 20th Dec 2014

The New Zealand GST Taxation Revenue Authority has issued a range of compliance measure. These include:

  • New Zealand businesses are entitled to recover EU VAT where suffered following the 2014 introduction of non-resident GST registration in New Zealand
  • The November 2014 GST filing deadline has been moved back to 15 January 2015
  • Vouchers purchased by GST businesses as rewards or benefits-in-kind for their staff are subject to GST at the time of acquisition. However, there is no entitlement to a credit since the time of supply is only when the staff member uses the voucher and gains a GST invoice (which cannot be in their company’s name).
  • GST is due on export advisory / professional services carried out in New Zealand for a foreign customer