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.




42 posts

Geek
Inactive user


#259875 27-Oct-2019 20:07
Send private message

Hi, was wondering if anyone knows what the status of this law is? It was supposed to come in on October 1st then got pushed back to December 1st. My googling however comes up with nothing for this at all, no media reports, no government press releases, nothing just an a few pages on the ird page. 

 

https://www.classic.ird.govt.nz/campaigns/2018/gst-policy-update.html

 

Does anyone know if this law in still coming into effect on December 1st? Should I go on a online spending spree in the next few weeks? 😂


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 | ... | 20
7011 posts

Uber Geek

Trusted
Lifetime subscriber

  #2344250 27-Oct-2019 20:56
Send private message

Ahh, so that's what happened! I bought a bunch of stuff last month, thinking it was October, and then wondered why the likes of Amazon still aren't collecting GST.


1243 posts

Uber Geek


  #2344259 27-Oct-2019 21:27
Send private message

Should you go on a spending spree?

 

Depends where you're buying from. Amazon/AliExpress/eBay? I'd say yes.

 

Elsewhere? Depends if they register or exceed the $60k limit. Remember, the limit for collecting the additional customs and biosecurity fees is also going up, so if they retailer isn't playing nicely or doesn't have to, you're better off waiting if doing larger purchases.


 
 
 
 


440 posts

Ultimate Geek


  #2344277 27-Oct-2019 23:41
Send private message

got a email from one of the USA companies i get hosting from is going to charge me GST from 1 december


2012 posts

Uber Geek


  #2344380 28-Oct-2019 12:29
Send private message

biggal:

 

got a email from one of the USA companies i get hosting from is going to charge me GST from 1 december

 

 

 

 

I don’t get that. Remote services for companies over $60000 was suppose to be charged from 1 October 2016. AKA The Netflix Tax.

 

https://www.classic.ird.govt.nz/industry-guidelines/non-res-bus-gst/online-services/non-res-bus-gst-online-services.html


1613 posts

Uber Geek

Subscriber

  #2344388 28-Oct-2019 13:06
Send private message

Any thought re timing on this ? i.e. purchase date vs date of entry into country ?

 

I guess if Amazon etc apply it properly its purchase date, but what if it isn't applied properly or I dunno, it takes a month to arrive, or have I answered my own question already.





rb99


440 posts

Ultimate Geek


  #2344446 28-Oct-2019 17:08
Send private message

rb99:

 

Any thought re timing on this ? i.e. purchase date vs date of entry into country ?

 

I guess if Amazon etc apply it properly its purchase date, but what if it isn't applied properly or I dunno, it takes a month to arrive, or have I answered my own question already.

 

 

good question

 

 as i was going to get something on the black Friday sales on Friday 29th November / Sat 30th November NZ time 

 

 

 
 
 
 


1613 posts

Uber Geek

Subscriber

  #2348470 5-Nov-2019 14:41
Send private message

Looking at these emails Youshop are sending out, sounds more like its based on date of arrival in NZ - 'may be subject to new GST rules if it reaches customs and border clearance after 00.01 1st December'. Not sure about the significance of 'may'.

 

Not looking good for Black Friday then, unless the gst makes little effective difference.





rb99


7011 posts

Uber Geek

Trusted
Lifetime subscriber

  #2348475 5-Nov-2019 14:59
Send private message

YouShop's email has a link to IRD's FAQ. If the total value is less than $1000 then there will be no GST at the border come 1/12.


271 posts

Ultimate Geek


  #2348477 5-Nov-2019 15:03
Send private message

So long as the supplier has collected it for them!




tenkan

22545 posts

Uber Geek

Trusted
Lifetime subscriber

  #2348478 5-Nov-2019 15:05
Send private message

So what I am trying to determine, is right now, if your order exceeds $400 NZD, not only will you pay GST as it comes in but you will pay around $130 in additional fees. 

 

After the change, for items under $1000 will attract GST from the first dollar, but no $130 fees?

 

 


1243 posts

Uber Geek


  #2348481 5-Nov-2019 15:09
Send private message

networkn:

 

So what I am trying to determine, is right now, if your order exceeds $400 NZD, not only will you pay GST as it comes in but you will pay around $130 in additional fees. 

 

After the change, for items under $1000 will attract GST from the first dollar, but no $130 fees?

 

 

That's my understanding. Everything published to date suggests that if the seller refuses to comply, or is exempt (under $NZ60k in sales to NZ), you won't have to pay unless the import exceeds $NZ1000.

 

Retailers may be appeased by this change, but in actual fact it becomes much cheaper to import more things, especially as base postage charges increase.


7011 posts

Uber Geek

Trusted
Lifetime subscriber

  #2348482 5-Nov-2019 15:10
Send private message

TENKAN: So long as the supplier has collected it for them!

 

That's not what the FAQ says. It says Customs will collect GST for items over $1000 "if not already collected by the supplier". It says GST is not collected by Customs for items $1000 or less.

 

https://www.classic.ird.govt.nz/campaigns/2018/gst-policy-update-nz-consumers.html


22545 posts

Uber Geek

Trusted
Lifetime subscriber

  #2348485 5-Nov-2019 15:15
Send private message

SirHumphreyAppleby:

 

networkn:

 

So what I am trying to determine, is right now, if your order exceeds $400 NZD, not only will you pay GST as it comes in but you will pay around $130 in additional fees. 

 

After the change, for items under $1000 will attract GST from the first dollar, but no $130 fees?

 

 

That's my understanding. Everything published to date suggests that if the seller refuses to comply, or is exempt (under $NZ60k in sales to NZ), you won't have to pay unless the import exceeds $NZ1000.

 

Retailers may be appeased by this change, but in actual fact it becomes much cheaper to import more things, especially as base postage charges increase.

 

 

 

 

Yeah, to be honest, it means items that were over $400 of which I'd like to buy a few, is saving me more money!

 

 


Banana?
4960 posts

Uber Geek

Subscriber

  #2348493 5-Nov-2019 15:33
Send private message

Also, things like clothing and shoes, which previously attracted Duty, thereby lowering the threshold (as you had to add 10% to the price, as well as GST) will no longer attract duty or the IETF if total value is under $1000.

 

I can't see how this is better for local retail - surely it is the clothes/shoes retailers (where the price difference to overseas is quite high) that this will affect.

 

I have no issues paying GST to Amazon/Youshop if my pair of Levis is $70 from them as opposed to $130 at Just Jeans. I can actually buy more to offset the freight (whereas before, I had to limit my order size to under ~$260NZ so as to not pay the IETF/Duty/GST.


 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | ... | 20
View this topic in a long page with up to 500 replies per page Create new topic



Twitter and LinkedIn »



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 »

OPPO Find X2 Lite brings flagship features to mid-range 5G smartphone
Posted 29-May-2020 12:52


Sony introduces the digital camera ZV-1 for content creators
Posted 27-May-2020 12:47


Samsung Announces 2020 QLED TV Range
Posted 20-May-2020 16:29


D-Link A/NZ launches AI-Powered body temperature measuring system
Posted 20-May-2020 16:22


NortonLifeLock Online Banking Protection now available for New Zealand banks
Posted 20-May-2020 16:14


SD Express delivers new gigabyte speeds for SD memory cards
Posted 20-May-2020 15:00


D-Link A/NZ launches Nuclias cloud managed network solution hosted in Australia
Posted 11-May-2020 17:53


Logitech introduces new video streaming solution for home studios
Posted 11-May-2020 17:48


Next generation Volvo cars to be powered by Luminar LiDAR technology
Posted 7-May-2020 13:56


D-Link A/NZ launches Wi-Fi Certified EasyMesh system
Posted 7-May-2020 13:51


Spark teams up with Microsoft to bring Xbox All Access to New Zealand
Posted 7-May-2020 13:01


Microsoft plans to establish its first datacenter region in New Zealand
Posted 6-May-2020 11:35


Genesis School-gen has joined forces with Mind Lab Kids
Posted 1-May-2020 12:53


Malwarebytes expands into privacy with fast, frictionless VPN
Posted 30-Apr-2020 16:06


Kordia to donate TV airtime on Channel 200 to community groups
Posted 30-Apr-2020 16:00



Geekzone Live »

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


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



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.