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Goods and Services Tax (GST; Māori: Tāke hokohoko) is a value-added tax or consumption tax for goods and services consumed in New Zealand.. GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [1]
Mayoral and ministerial vehicles used the prefix "CR" (Crown). The Prime Minister receives plate CR1 [4] while the plate DC1 is reserved for the British High Commissioner to New Zealand. As the official representative of the monarch in New Zealand, the Governor General's primary vehicle carries no number plate but instead displays the royal crown.
Most products or services sold in New Zealand incur GST at a rate of 15%. The main exceptions are financial services (e.g. banking and life insurance) and the export of goods and services overseas. All businesses are required to register for GST once their turnover exceeds (or is likely to exceed) $60,000 per annum. [38]
The Act established a consumption tax in New Zealand, originally set at 10%, but subsequently raised to 15%. GST is a tax of 15% on all goods, services and other items sold or consumed in New Zealand. Individuals become liable to pay GST when their annual turnover exceeds NZ$60,000 in any 12-month period. [1]
Inland Revenue or Inland Revenue Department (IRD; Māori: Te Tari Taake) is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax.
Vehicle registration plates may be automatically scanned with equipment, mountable on vehicles, that identifies an image characteristic of a registration plates, takes a photograph, and reads and records the registration number. [1]
The State Advances Corporation was a government agency within the New Zealand government. Established in 1903 as the Government Advances to Settlers Office , it was disestablished in 1974 when its functions were transferred to the Housing Corporation of New Zealand .
Charges are payable to the NZ Transport agency enforced by NZ police so all road users must ensure you have the correct documents displayed at all times in order to avoid a fine. There are several exemptions available for certain types of vehicles such as tractors however the vast majority of larger vehicles will be required to pay RUC.
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