Tax 101 for New Zealand

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  • Joined: 27 Oct 16
  • Karma:
23 Feb 17 06:20:37 am
For starters, it is absolutely mind boggling to determine how to set taxes on your country or how to tell if we even have to charge one at all. Thinking of numbers and equations alone could overwhelm most of us already but we've got you covered. Here's a short and sweet 101 on Tax ID basics per country. This will be updated regularly so keep an eye out to learn more on different country tax policies.

What is a Sales Tax ID?

The sales tax Id is also called a Retail or Reseller's License, State Sales Tax Id, Tax Id, Resale Number, Resale Certificate, or Vendor's License.

All of these names are referring to one thing: A certificate issued for a small fee by your state (if you live in Canada or the US) or country that says you are registered to collect sales tax. You can usually get one from your State's website - just Google 'Your State + sales tax'.

Taxes for New Zealand

In New Zealand, any business trading online or offline are taxable whenever they fall into any of the following:

-turnover was over $60,000 for the last 12 months, or
-is expected to go over $60,000 in the next 12 months, or

New Zealand refers sales tax as GST. It is a tax on most of their goods and services and imported good/services. You charge GST on your sales and income and claim it back on your purchases and expenses. GST is added to the price at a rate of 15%.

How do I register for GST?

The easiest way to register for GST is online through myIR Secure Online Services. Applications are processed in real time and in most cases you'll receive immediate confirmation of your GST number and registration process. You will need your IRD number, know your BIC code and have a bank account number for refunds before you can register.

Customs duties:

However, if you are keen on checking out the different customs duties for NZ goods, you can check Link hidden: Login to view


Please confirm all the details mentioned on your local tax authority in New Zealand just to be sure and to protect yourself as a seller and taxpayer as well.

Happy Selling!

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