Kiwis to pay more for online shopping from today as overseas retailers made to collect GST in New Zealand
Offshore retailers selling products in New Zealand costing less than $1000 are now required to collect and pay GST. The rule applies to businesses selling goods online in the country worth more than $60,000 annually. The changes - announced in June by the Revenue Minister Stuart Nash - are intended to level the playing field for domestic retailers. Mr Nash said all New Zealand businesses had long been required to collect GST, and now offshore retailers would have to as well. Closing the tax loophole is expected to bring in roughly $130 million in revenue each year, by 2022. According to Consumer NZ estimates the changes would mean products under $400 will become more expensive, while those valued between $400 and $1000 would cost consumers a little less.
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It’s Riddle Time – You Might Need an Extra Cup of Coffee!
Nobody has ever walked this way. Which way is it?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Poll: Do you think NZ should ban social media for youth?
The Australian Prime Minister has expressed plans to ban social media use for children.
This would make it illegal for under 16-year-olds to have accounts on platforms including TikTok, Instagram, Facebook and X.
Social media platforms would be tasked with ensuring children have no access (under-age children and their parents wouldn’t be penalised for breaching the age limit)
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Do you think NZ should follow suit? Vote in our poll and share your thoughts below.
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84.6% Yes
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14% No
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1.4% Other - I'll share below
SHED MATTERS : DIY Group West Auckland
An Invitation to attend meeting to set up Ladies & Mens Shed in our local area.
Monday December 2nd 7pm
Blockhouse Bay Community Center ( Scout Hall ) Entrance and Parking Exminster St .
524 Blockhouse Bay Rd