MMD > Archives > August 1998 > 1998.08.31 > 03Prev  Next


Goods and Service Tax in New Zealand
By Michael Woolf

Peter Coggins writes about Australian Customs.  I've heard it said
that Australia has some strange customs!

We've even got a few strange customs here in New Zealand:  among them
is GST ("Goods And Service Tax")  that adds twelve and a half percent
on to every purchase in this country, new or second-hand.  It applies
to imported goods as well, added to the cost of the item and the
freight cost.  I hear that Australia is thinking of copying us.

Well, GST has its good points:  in our case it replaced sales taxes,
some of which added as much as a hundred and fifty per cent to the
cost.  But an interesting point is emerging from this thread: I note
that in several countries the import duties or taxes are not imposed if
the value of the shipment is less than a certain (unspecified) figure.

Perhaps it's worth keeping in mind: avoid higher costs by keeping
individual shipments low in value.  Not to mention the dollar slide:
a year ago the $NZ reached .67 cents against the $US: today it's .49
cents.  I don't think I'll be importing any Welte Organs in the near
future . . .

Michael Woolf
Wellington
New Zealand


(Message sent Mon 31 Aug 1998, 20:50:55 GMT, from time zone GMT+1200.)

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