My client bought a farm with a house, a cottage and a glasshouse on the farm. This farm was purchased in 2002 with GST zero-rated. The house and cottage were rented to my client as residential rental and no GST charged on rental. The glasshouse was rented out with GST. Now client is looking to sell the farm including the house, cottage and glasshouse. How to fill out the sales agreement?
Read MoreWe have a client who receives ACC caregiver payments for care of her son at home. Does it include GST or only if the person is self-employed and earns over $60k when including all sources of income?
Read MoreA client is a closed company offering Maori cultural tourism activities.
The client was recently awarded a contract for providing Maori performances on cruise ships, when the ships stop over at various New Zealand harbours. The customer/ cruise ship tour organiser is a foreign company based in the UK…
Read MoreWe have a client who earned $62,000 in 2018 year. We did her accounts late in the following year by which time she realised her turnover would be less in the 2019 year. She earned $52,000 in 2019.
Does she have to register for GST now or only if the coming year will be greater than $60,000?
Read MoreCan you please clarify re zero- rating of GST for accounting services provided to overseas residents? Your answer in Sept- Oct publication, (and earlier) states that such services can be zero-rated. We understood that under s8(2)-(4) "if the supplier is resident in NZ.....or the services are physically performed in N.Z. " a supply is deemed, and GST is collectable?
Read MoreWe have a client who has just purchased a property to renovate and on-sell. The activity is a one- off transaction and not seen as continuous for GST purposes. They prefer not to register for GST. They are asking us if they should actually register for GST. What is the best way to advise our client please? (My client understands that the transaction is subject to Income Tax).
Read MoreA client receives some of its payments via Paypal. It is GST registered on the sales it makes.
Would the deduction/payment to Paypal include GST or would it be exempt for GST purposes.
Read MoreSomeone is offering short-term holiday rental via booking.com (e.g. 4 days at a time). They are not NZ tax residents. (US ones) They will be under $60 k turnover. This will only be for a few months a year. Can they register for GST and do they have to? Is this like the inbound tour operators situation?
Read MoreIf two GST registered entities are involved in a vehicle transaction e.g. One buys from the other, should the sale and purchase be zero rated? Does the seller have the option to pay GST and the buyer to claim the GST?
Read MoreMy client bought a farm with a house, a cottage and a glasshouse on the farm. This farm was purchased in 2002 with GST zero-rated. The house and cottage were rented to my client as residential rental and no GST charged on rental. The glasshouse was rented out with GST. Now client is looking to sell the farm including the house, cottage and glasshouse. How to fill out the sales agreement?
i.e. What is the correct GST treatment for this sale?
Read MoreWe have a client who receives ACC caregiver payments for care of her son at home. Does it include GST or only if the person is self-employed and earns over $60k when including all sources of income?
Read MoreA client is a closed company offering Maori cultural tourism activities.
The client was recently awarded a contract for providing Maori performances on cruise ships, when the ships stop over at various New Zealand harbours. The customer/ cruise ship tour organiser is a foreign company based in the UK.
Should our client charge normal GST @ 15% for the services offered to the foreign cruise ship company or is the service qualified for zero rated GST?
Read MoreI have a GST registered Club that has purchased items from a non- GST registered party. No GST invoice has been provided. Is the Club able to claim GST on these purchases?
Read MoreI have a client who has a property in Queenstown, which is rented out during the year on a short-term basis, via Airbnb. Is there any requirement for them to be GST registered? I assume it's considered residential property, so no need for GST registration. Am I correct?
Read MoreA New Zealand company (A Ltd) provides immigration services to both NZ tax residents and overseas clients, as immigration advisors. They have a new client, which is an overseas company B, based in China. They signed an agreement to provide services for Company B's clients, who are currently living in NZ, both NZ Tax residents and those who are non-tax resident. There is no separate agreement between company A and individual clients of Company B. In this case, should 15% GST be charged, or should they be zero rated?
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