GST in New Zealand 2021 Edition is the fifth annual updated edition of this significant work that provides readers with in-depth commentary and practical advice and application of the law of GST in New Zealand. With the guidance of General Editors, the late Judge Paul Barber and Professor John Prebble, the authors have written a book that is an invaluable source of information for:

(i) specialist and non-specialist lawyers, accountants and tax professionals whose practices require them to deal with this complex and constantly changing area of the law; and

(ii) law, accounting and business students and their teachers who need an authoritative teaching and learning resource. It will also be most helpful to persons interested in any aspect of GST.

The 2021 Edition has been thoroughly reviewed and updated. It includes:

• A review of the updated ADLS Sales and Purchase of Real Estate Agreement.

• A new section that takes an in-depth look at GST and Covid-19 measures including:
  • GST on COVID-19 related grants and subsidies made by the Ministry of Social Development
  • Variation of the GST Act for accommodation providers
  • Variation of the application to extend time to make an application to change GST taxable period
  • GST and zero-rating of exported goods
• the value of supply;
• the analysis of financial services;
• unconditional gift of money; and
• consequences of incorrect zero-rating.

• A new section that takes an in-depth look at dealing with changes of circumstances.

• Many further topics, legislation updates and GST cases.

The text starts with a practical overview of key features of the GST system, has a full commentary on GST law, and then reviews the GST issues businesspeople and their professional advisers often encounter. A full copy of the Goods and Services Tax Act 1985 is included for handy reference.

The split between the analytical and practical sections of the book means it is easy to find the level of information you require, fast. The book has a dual view in that it gives understanding to a novice reader, and a deeper understanding of GST for more experienced readers.

The practical guides are written with businesspeople and their advisers in mind. These include guides for managing general GST compliance obligations, and information about the GST treatment of specific transactions.

As with other aspects of tax law, GST law is constantly evolving. GST in New Zealand 2021 Edition is designed to help you stay on top of GST as it shifts and moves.