How GST works
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New Zealand |
Australia |
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GST is a consumption tax of 15% on all goods, services and other items sold or consumed in New Zealand. You become liable to pay GST when your annual turnover exceeds NZ$60,000 in any 12-month period. Depending on your turnover, you can elect to file returns every six months, two months or monthly. For more information, see:
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GST is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia, with few exceptions. Generally, if you are registered for GST (or required to be registered for GST), then you will include GST in the price of most goods, services and other items you supply. You can report monthly, quarterly or annually. For more information, see:
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When GST is not payable
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New Zealand |
Australia |
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Certain goods and services are not liable for GST, either because they are exempt or zero-rated from GST. Exempt supplies include supplies of residential accommodation and many financial services, such as paying and collecting interest. Some supplies, however, are within the GST tax net but the rate applying to them is zero. That is, they are zero-rated. For more information, see:
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Some transactions are outside the scope of GST – for example, genuine gifts or sales made by an entity that is not registered or required to be registered for GST. Entities that are registered or required to be registered for GST also may make some sales where no GST is payable. These include GST-free sales and input-taxed sales. For more information, see:
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Reporting your GST
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New Zealand |
Australia |
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You can use this form – GST return (GST101)External Link For more information, see: |
You report, pay GST amounts and claim GST credits by lodging a business activity statement (BAS.) For more information, see: |