New Requirement: Short-Term Accommodation Operators Must Register for GST with Inland Revenue Department

• Inland Revenue Department has announced mandatory GST registration for short-term accommodation operators
• This applies to operators who provide accommodation for less than four weeks at a time
• Operators must register for GST if their turnover exceeds $60,000 in a 12-month period
• Failure to register for GST can result in penalties and fines

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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