Iain Blakeley

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

Phil Goff

Eating Australian style

The Australian Tax Office has updated their GST Food List. The 86 page Food List details from 'A' to 'Z' the GST treatment of hundreds of food items. It is necessary because in Australia some foods are subject to GST and some are not. For example, a fruit bun with a...

GST exemption gaining momentum?

Today's presentation of a petition to Parliament for GST to be removed from food shows debate around this is only going to intensify leading up to the election. It seems there's support coming from Maori and Mana Parties and the Greens. With Labour's stated policy to...

“Fresh fruit and vegetables”

So the Labour Party has confirmed their policy to remove GST on "fresh fruit and vegetables". This is new ground for NZ's GST policy and it will be interesting to watch the debate unfold as producers strive to get their products within the concessionary rate. For my...

The important GST policy issues…

IRD Policy have just released their updated work programme for 2010 / 2011. I understand they will consider submissions from anyone who feels there are other more pressing tax policy considerations. Here's what they have in the policy pipeline for GST: - June 2011: a...

The great New Zealand GST myth?

"Single rate, broad based" is the catch phrase of New Zealand's GST system but is it really true? There are now 9 GST rates applying in New Zealand as determined in the legislation or by IRD decree. They are 0%, 7.5%, 9%, 10.25%, 10.75%, 12.3%, 12.5%, 12.9% and 15%....

NZ GST landscape changes

Following Labour leader Phil Goff's confirmation yesterday his party will remove GST on fresh fruit and vegetables if elected later this year the New Zealand GST landscape has changed significantly. Since 1986 when the Labour Party first gave us GST there has been...