GST increases and what it means to youAs of the 1st October 2010 all prices on the PlunketShop website will increase to include the new GST rate of 15%.
This change is one of the biggest updates to the New Zealand tax system in many years. If you earn money or spend money, you will be affected - with all personal income tax rates being cut, and GST rising from 12.5% to 15%.
Calculate the impact on you
Find out more about changes to personal income tax rates, tax rates on savings and investments, and provisional tax and calculate how new income tax and GST rates will affect you at the special government website.
Inland Revenue also has comprehensive information on how GST will affect all New Zealanders, including business owners, on the Inland Revenue site.