- Inland Revenue Department issued guidelines on GST for marketplace operators in New Zealand.
- Guidelines cover ridesharing, ride-hailing, food and beverage delivery, and accommodation services.
- GST applies to these services through online marketplaces since April 1, 2024.
- Marketplace operators must collect and remit GST if they exceed NZD 60,000 in 12 months.
- Operators must meet additional requirements to be treated as suppliers.
- Both domestic and foreign operators may be subject to GST if they meet criteria.
- Guidelines help operators understand their obligations under the rules.
- Reflects a global trend of holding digital platforms accountable for transactions.
Source: vatabout.com
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.