- Businesses registered outside of New Zealand can claim VAT refunds for costs incurred within the country, provided they meet specific eligibility requirements.
- Claimable expenses include various categories such as entertainment, accommodation, events (e.g., fairs and exhibitions), travel-related costs (e.g., transport, public transport), and general expenses (e.g., goods, office expenses, and professional fees), all subject to a VAT rate of 15%.
- While all countries can claim VAT refunds from New Zealand, registration is necessary, and understanding the reciprocity rules regarding VAT is crucial for successful claims.
Source VAT IT Reclaim
Latest Posts in "New Zealand"
- New Zealand Mandates E-Invoicing for Public Agencies by 2026 to Enhance Efficiency and Transparency
- The Future of e-Invoicing in New Zealand: Peppol, PINT A-NZ and the 2026 Electronic Invoicing Mandate
- New Zealand Clarifies GST Treatment for Accommodation in Newly Constructed Commercial Dwellings
- New Zealand Inland Revenue Clarifies GST Liability and Penalties on Property Disposal for Partnerships
- GST Ruling: Commercial Dwelling Status and Input Tax Deductions for Accommodation Supply
