Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.




428 posts

Ultimate Geek
+1 received by user: 36


Topic # 224379 15-Nov-2017 13:21
5 people support this post
Send private message quote this post

 

 

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11944260

 

Online shoppers can expect to start paying GST for all goods they buy from overseas after Revenue Minister Stuart Nash said he would "absolutely" extend the law to cover goods as well as services.

 

He said that gave an unfair advantage to overseas sellers over New Zealand sellers.

 

I say: There is no unfair advantage if you can't buy the goods you want in NZ.

 

 





Gordy

View this topic in a long page with up to 500 replies per page Create new topic
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | ... | 13
4078 posts

Uber Geek
+1 received by user: 1638

Trusted
Subscriber

  Reply # 1901248 15-Nov-2017 13:25
13 people support this post
Send private message quote this post

Weren't they already doing that?

 

 

 

Edit - yes, but not for little stuff, apparently. 

 

 

 

Ah well, I guess the $2 phone cases I buy for my daughter off Ali Express instead of $20 from the mall will now be $2.30 cases instead of $20. That'll make me think twice about disadvantaging the local retailers.





iPad Air + iPhone SE + 2degrees 4tw!

These comments are my own and do not represent the opinions of 2degrees.


499 posts

Ultimate Geek
+1 received by user: 85

Subscriber

  Reply # 1901251 15-Nov-2017 13:27
11 people support this post
Send private message quote this post

In the current state of things, in most cases, a 15% tax will still have the overseas alternative cheaper than the NZ retails.

Bottom line is this won't help anyone except maybe the government by raising tax revenue.

 

One positive, sh!tty NZ retails won't have an excuse anymore and will either go away or step up their game


 
 
 
 


496 posts

Ultimate Geek
+1 received by user: 122


  Reply # 1901258 15-Nov-2017 13:38
Send private message quote this post

No - its internet Goods and Services only being taxed. eg Steam Games, MS office, Spotify, Netflix, Apple store etc etc.

 

 

 

I'd love to know how they are going to enforce this economically. My last 2 purchases where small items - value $15 and $3.50

 

That's $2.25 & $0.53 in GST I owed.

 

Can see easily  it costing $10 a item in admin costs to collect this money as really the only way is to stop them at the border and make someone pay to collect like in the UK

 

Sure you can automate big companies (eg Amazon) but good luck getting small merchants to pay.

 

And what if Ali express outright said no, we won't collect this tax. What could the government do? It's not like they can make a Chinese company do anything.

 

 

 

Saying all this I think it is fair that overseas purchased items include GST. Just don't see it happening.

 

 


BTR

1366 posts

Uber Geek
+1 received by user: 362

Subscriber

  Reply # 1901262 15-Nov-2017 13:43
2 people support this post
Send private message quote this post

Its not going to change a thing, I needed a bunch of saddle clips recently and a pack of 10 from Mitre 10 was $6.xx and I needed 80 which I ended up purchasing ones from Aliexpress for $12 USD adding 15% isn't going to stop me from buying overseas.

 

 

 

 


1112 posts

Uber Geek
+1 received by user: 489


  Reply # 1901263 15-Nov-2017 13:45
5 people support this post
Send private message quote this post

gcorgnet:

 

In the current state of things, in most cases, a 15% tax will still have the overseas alternative cheaper than the NZ retails.

Bottom line is this won't help anyone except maybe the government by raising tax revenue.

 

One positive, sh!tty NZ retails won't have an excuse anymore and will either go away or step up their game

 

 

It will cost more to administer than the revenue it generates, but it is Labour and they have a huge bank balance.


2713 posts

Uber Geek
+1 received by user: 554


  Reply # 1901283 15-Nov-2017 13:57
3 people support this post
Send private message quote this post

KrazyKid:

 

 

 

And what if Ali express outright said no, we won't collect this tax. What could the government do? It's not like they can make a Chinese company do anything.

 

Ali will play nice, they have relationships with the NZ government, and want to be seen as good corporate citizens,

 

http://www.scoop.co.nz/stories/BU1604/S00583/alibaba-group-and-nz-government-form-strategic-alliance.htm

 

Given that most trade is via marketplaces, (and most are owned by large corporates) I would say that they will get 85-90% of goods fairly easily,

 

If OZ can do it, (and in the process ping trademe), NZ should be able to adopt similar arrangements,  its not rocket science.....


17515 posts

Uber Geek
+1 received by user: 2122

Trusted

  Reply # 1901286 15-Nov-2017 14:05
Send private message quote this post

Is trademe being pinged or is the individual seller on trademe being pinged?

2713 posts

Uber Geek
+1 received by user: 554


  Reply # 1901311 15-Nov-2017 14:24
Send private message quote this post

Batman: Is trademe being pinged or is the individual seller on trademe being pinged?

 

According to this,

 

https://www.stuff.co.nz/business/industries/98854885/trade-me-expected-to-have-to-levy-gst-on-all-traders-australian-sales

 

Trademe are being told to levy 10% and pay it to the ATO, I guess they will then just whack is on the success fee for sales to OZ based customers,

 

Do you have to specify whether an item is for sale in OZ specifically on TM?

 

 


10072 posts

Uber Geek
+1 received by user: 3082

Trusted
Subscriber

  Reply # 1901313 15-Nov-2017 14:32
6 people support this post
Send private message quote this post

How about these costs

 

 

 

  • Import entry transaction fee (IETF) – NZ$29.26
  • Biosecurity levy – NZ$19.98

 

 

Can we look forward to those being added to every $2 purchase as well?






Baby Get Shaky!
1494 posts

Uber Geek
+1 received by user: 348

Subscriber

  Reply # 1901317 15-Nov-2017 14:45
Send private message quote this post

Admittedly I've only skim read the article but by my understanding the retailer will be expected the collect the GST at time of purchase so no need for inspection/admin fees at the border? Much like Steam etc do now. I imagine most of the big retailers/market places will be on board, but I'm sure there will be smaller ones that will happily ignore it for those bargain hunters who are upset at an extra 30c on their cases.


126 posts

Master Geek
+1 received by user: 101


  Reply # 1901328 15-Nov-2017 15:00
3 people support this post
Send private message quote this post

My last on-line purchase was $190 vs $470 if I had bought the same items in a local retail outlet. It will take a lot more than GST to stop me buying from overseas.


99 posts

Master Geek
+1 received by user: 19


  Reply # 1901363 15-Nov-2017 15:51
Send private message quote this post

It will likely exclude small turnover traders similar to Australia and normal NZ GST which will help to reduce compliance costs.

13368 posts

Uber Geek
+1 received by user: 1598


  Reply # 1901414 15-Nov-2017 18:32
One person supports this post
Send private message quote this post

Aren't NZ businesses sending goods to Australia going to be doing this as well?  So aren't we just following on from what Australia are doing? I don't have a problem if they are collecting it at the point of sale. But if we have our good delayed by having to pay for it at the border , it is going to be costly and tedious.


3294 posts

Uber Geek
+1 received by user: 961


  Reply # 1901418 15-Nov-2017 18:58
Send private message quote this post

Sounds like it was a premature statement.... they are looking at the issue only and no decisions have beeen made

17515 posts

Uber Geek
+1 received by user: 2122

Trusted

  Reply # 1901419 15-Nov-2017 19:05
Send private message quote this post

Yeah we have a lot of premature journalists with premature titles.

 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | ... | 13
View this topic in a long page with up to 500 replies per page Create new topic



Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

UAV Traffic Management Trial launching today in New Zealand
Posted 12-Dec-2017 16:06


UFB connections pass 460,000
Posted 11-Dec-2017 11:26


The Warehouse Group to adopt IBM Cloud to support digital transformation
Posted 11-Dec-2017 11:22


Dimension Data peeks into digital business 2018
Posted 11-Dec-2017 10:55


2018 Cyber Security Predictions
Posted 7-Dec-2017 14:55


Global Govtech Accelerator to drive public sector innovation in Wellington
Posted 7-Dec-2017 11:21


Stuff Pix media strategy a new direction
Posted 7-Dec-2017 09:37


Digital transformation is dead
Posted 7-Dec-2017 09:31


Fake news and cyber security
Posted 7-Dec-2017 09:27


Dimension Data New Zealand strengthens cybersecurity practice
Posted 5-Dec-2017 20:27


Epson NZ launches new Expression Premium Photo range
Posted 5-Dec-2017 20:26


Eventbrite and Twickets launch integration partnership in Australia and New Zealand
Posted 5-Dec-2017 20:23


New Fujifilm macro lens lands in New Zealand
Posted 5-Dec-2017 20:16


Cyber security not being taken seriously enough
Posted 5-Dec-2017 20:13


Sony commences Android 8.0 Oreo rollout in New Zealand
Posted 5-Dec-2017 20:08



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.