Future of GST: What Changes Are Expected and How They May Affect You
GST has been stable in New Zealand, but future changes are always possible. Here’s what could happen and how it might affect you.
Possible Rate Changes
Some countries have adjusted GST rates. If New Zealand’s rate changes, prices on goods and services would be impacted.
Additional Exemptions or Adjustments
There could be changes to which items are zero-rated or exempt in response to economic needs.