Iain Blakeley

Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable

GST and Tourism

12 GST thoughts of Christmas

12 GST thoughts of Christmas: 1. There's no GSTĀ on gifts (so Santa is probably not GST registered). 2. GSTĀ registered businesses can claim back the GST on gifts they buy for staff, suppliers and customers. 3. If you buy someone a gift voucher for Christmas it's quite...

Visiting sports teams

The recent publicity about AFL players being pinged for income tax as "entertainers" when they played the Anzac Day matches here is interesting. See here: http://www.3news.co.nz/Wellington-AFL-game-hit-with-tax/tabid/415/articleID/355731/Default.aspx Like everything...

Global VAT alignment edges closer

At the Global Forum on VAT in Tokyo last week 86 countries signed up to the first agreed framework for applying VAT to internationally traded services and intangibles. The new guidelines set out core VAT principles to be applied when taxing services and intangibles,...

GST and online shopping – is there a cure?

The NZ Government has delayed the Customs / IRD report on GST and online trading to allow the issue to be considered as part of the wider review of how global corporates are taxed. I think the merger of the issues was unavoidable. They are closely linked and the...

Good news

Might as well start the year with a bit of good news, even if it's a little old by now. On 11 December the Government gave us a xmas present with the announcement by the Minister of Customs the Temporary Import period for yachts, launches and small craft will be...

12 GST thoughts of Christmas

12 GST thoughts of Christmas: 1. There's no GST on gifts (so Santa is probably not GST registered). 2. GST registered businesses can claim back the GST on gifts they buy for staff, suppliers and customers. 3. If you buy someone a gift voucher for Christmas it's quite...

At least it’s a start

There's a lot of chatter about South Africa's proposed law requiring foreign businesses to charge VAT on sales of digital products to South African residents. If passed the law will cover things like music, videos, software and games sold on line. At the moment, like...

VAT refunds for tourists

I recently traveled through Europe and Singapore. Now I'm not the world's biggest shopper by any means but I did spend enough to consider applying for a VAT refund as I left the EU. But consider it is all I did. When I saw the queues and paper work involved I decided...

Who’s making submissions?

I'm interested in hearing from anyone who is considering making a submission in response to the latest discussion document from Inland Revenue on GST. They are looking for feedback on the suggestion of loosening the rules for overseas businesses wanting to recover GST...

Good news for tourists to Australia….

The Australian Government is looking at making its GST refund scheme for tourists more generous. Amongst the measures is a proposal to allow purchases made up to 60 days before departing Australia eligible for GST refunds (currently 30 days). They are also proposing...

Debate on GST and private imports

Today's NZ Herald editorial argues collecting GST on low value imports is more trouble than it's worth and advocates retaining an exempt threshold. Seehere The debate seems to be gaining momentum and the Customs Department are in the middle of a public consultation...

Singapore innovates for its tourists

Tourists in Singapore will benefit from mid 2011 when that country takes its GST Tourist Refund Scheme into the electronic age. The existing paper based system is going to be replaced by a procedure which will see tourists using tokens to record purchases as they go....