Since October 1, the GST rate has gone up to 15 percent along with other changes such as updated PAYE rates.
While the changes might seem fairly simple, they're part of one of the biggest updates of the New Zealand tax system in years. You'll need to make the right business decisions about pricing, stocking levels and customer communications, and you'll need to update your systems to correctly report GST.
This booklet explains the GST changes and how they can affect your business.
We’ve included information about fundamental business considerations and how you can manage the GST changes. It also outlines the MYOB software update, which can be installed to help make the transition easier.
Download the new Getting ready for the GST changes booklet (PDF 503 KB) now.