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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]
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]
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]
New Zealand troops join multi-national force in the Gulf War. An avalanche on Aoraki / Mount Cook reduces its height by 10.5 metres. 1992. Government and Māori interests negotiate Sealord fisheries deal. Public health system reforms. State housing commercialised. New Zealand gets seat on United Nations Security Council.
The table of years in New Zealand is a tabular display of all years in New Zealand, for overview and quick navigation to any year.. While a chronological century would include the years (e.g.) 1801 to 1900, and hence a decade would be 1801-1810 etc., for encyclopedic purposes the 100 years and 10 year spans of 1800-1899 and 1800-1809 etc. have been used respectively.
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New Zealand tours South Africa (spanning December 1961 – February 1962) and drew the 5-Test series 2-2: [7]. 8–12 December 1961, Durban: 1st Test. SA won by 30 runs (SA 292 + 149, NZ 245 and 166)
Search. Search. Appearance. Donate; Create account ... Periods in New Zealand history ... 1840–1845: New Zealand Wars: 1845–1872: The Vogel Era: 1873–1876: Long ...