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Old 24th August 2015, 13:32     #128
Brutus
 
AFAIK they're discussing lowering the threshold on physical goods as well.

Quote:
Originally Posted by stuff
Key said GST on the importation of goods was "a more complicated nut to crack" and he did not think the exemption would disappear - an option being discussed in Australia which currently has a very high exemption set at $A1000 but where a new level of $A20 or even zero has been floated.

He said he would be surprised if the NZ GST exemption dropped to zero.

He expected a relatively quick move on services, perhaps before Christmas, but GST on the purchase of goods overseas was more challenging and would take longer to put in place.
If the Government set the exemption at zero everything would get held up at the border.

"That's a massive inconvenience to consumers. There's got to be an easier way through. I think there is an easier way through we just have to work our way through it."
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