Have the GST changes ‘snuck’ past you? The first time you’ll probably notice them is when you download music and are charged roughly an extra thirty-five cents per song. Some are even calling it the Netflix tax. How’s it work? Basically, you now have to pay GST on the online services you previously bought GST-free like movies, music streaming, e-books, overseas images and email through the likes of Microsoft. Thankfully, fashion junkies don’t need to fret (just yet) because you can still generally buy low-value clothing, from overseas websites, without having to pay GST in New Zealand. But (there’s always a but) it’s more complicated for the poor old business owner as you’ll see below:
Is there GST on …?
September 20th, 2016 | Posted by in Annual Accounts | GST | Xero Accountant / Zero Accountants - (Comments Off on Is there GST on …?)IRD Phishing Scam
June 22nd, 2016 | Posted by in Annual Accounts - (Comments Off on IRD Phishing Scam)
Unbelievably no sooner had the IRD notified us of this scam than one of our favourite customers was targeted. Luckily they were smart enough to see through it but not everyone is so switched on so please spread the word. IRD details follow:
