{"id":948,"date":"2019-11-08T10:49:52","date_gmt":"2019-11-07T22:49:52","guid":{"rendered":"http:\/\/accelerateonline.blog\/?p=948"},"modified":"2021-03-31T21:44:17","modified_gmt":"2021-03-31T09:44:17","slug":"new-gst-on-low-value-imported-goods","status":"publish","type":"post","link":"https:\/\/www.bdsaccountants.co.nz\/insights\/financeinsight\/new-gst-on-low-value-imported-goods","title":{"rendered":"New GST on low-value imported goods"},"content":{"rendered":"\r\n<figure class=\"wp-block-image size-large\"><img class=\"wp-image-950\" src=\"https:\/\/accelerateonline.files.wordpress.com\/2019\/11\/accdec1.jpg?w=1024\" alt=\"\" \/><\/figure>\r\n\r\n\r\n\r\n<p>Overseas businesses selling goods valued at $1,000 or less online to New Zealanders are now required to register for, collect<!--more... --> and return GST where their supplies to New Zealanders exceed (or are expected to exceed) $60,000 in a 12-month period.<\/p>\r\n\r\n\r\n\r\n<p>This is good news for local businesses who may have been at a competitive disadvantage by having to charge GST on their sales, when their foreign competitors didn\u2019t. Want to know more? Read the special report <a href=\"http:\/\/taxpolicy.ird.govt.nz\/publications\/year\/2019\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"here (opens in a new tab)\">here<\/a>.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Overseas businesses selling goods valued at $1,000 or less online to New Zealanders are now required to register for, collect<\/p>\n","protected":false},"author":2,"featured_media":2281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[492,493],"tags":[],"yst_prominent_words":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v14.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New GST on low-value imported goods - BDS Chartered Accountants<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bdsaccountants.co.nz\/insights\/financeinsight\/new-gst-on-low-value-imported-goods\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New GST on low-value imported goods - 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