Practical Law ANZ Glossary w-018-6702 (Approx. 2 pages)
Glossary
Goods and Services Tax (GST)
Goods and Services Tax (GST) is a tax of 15% charged on most goods and services in New Zealand. To charge GST, an entity must be registered for GST. Entities are not required to register for GST unless their turnover is over a certain threshold.