Goods and Service Tax in New Zealand
By Michael Woolf
Peter Coggins writes about Australian Customs. I've heard it said
that Australia has some strange customs!
We've even got a few strange customs here in New Zealand: among them
is GST ("Goods And Service Tax") that adds twelve and a half percent
on to every purchase in this country, new or second-hand. It applies
to imported goods as well, added to the cost of the item and the
freight cost. I hear that Australia is thinking of copying us.
Well, GST has its good points: in our case it replaced sales taxes,
some of which added as much as a hundred and fifty per cent to the
cost. But an interesting point is emerging from this thread: I note
that in several countries the import duties or taxes are not imposed if
the value of the shipment is less than a certain (unspecified) figure.
Perhaps it's worth keeping in mind: avoid higher costs by keeping
individual shipments low in value. Not to mention the dollar slide:
a year ago the $NZ reached .67 cents against the $US: today it's .49
cents. I don't think I'll be importing any Welte Organs in the near
future . . .
Michael Woolf
Wellington
New Zealand
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(Message sent Mon 31 Aug 1998, 20:50:55 GMT, from time zone GMT+1200.) |
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