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This 15% tax is applied to the final price of the product or service being purchased and goods and services are advertised as GST inclusive. Reduced rate GST (9%) applies to hotel accommodation on a long-term basis (longer than 4 weeks). Zero rate GST (0%) applies to exports and related services; financial services; land transactions ...
New Zealand went through a major program of tax reform in the 1980s. The top marginal rate of income tax was reduced from 66% to 33% (changed to 39% in April 2000, 38% in April 2009, 33% on 1 October 2010 and back to 39% in April 2021) and corporate income tax rate from 48% to 28% (changed to 30% in 2008 and to 28% on 1 October 2010).
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)), is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the consumer who ultimately bears the burden of the ...
State Highway 4 (New Zealand) State Highway 4 is the shortest of New Zealand's eight national highways. It runs north-south across rugged hill country, forming a short cut between two points on State Highway 3 thereby avoiding Taranaki and the coasts of the North and South Taranaki Bights. Distances are measured from north to south.
Cook Strait (Māori: Te Moana-o-Raukawa, lit. 'The Sea of Raukawa ') is a strait that separates North Island from the South Island of New Zealand. The strait connects the Tasman Sea on the northwest with the South Pacific Ocean on the southeast. It is 22 kilometres (14 mi) wide at its narrowest point, [ 1 ] and is considered one of the most ...
State Highway 1 (New Zealand) State Highway 1 (SH 1) is the longest and most significant road in the New Zealand road network, running the length of both main islands. It appears on road maps as SH 1 and on road signs as a white number 1 on a red shield, but it has the official designations SH 1N in the North Island, SH 1S in the South Island.
All states and territories require an annual vehicle registration fee to be paid in order to use a vehicle on public roads; the cost of which varies from state to state and is dependent on the type of vehicle. The fee is known colloquially as 'rego' (pronounced with a soft g, short for registration). [1] Queensland road tax is based on the ...
For other uses, see NZ (disambiguation) and New Zealand (disambiguation). New Zealand (Māori: Aotearoa [aɔˈtɛaɾɔa]) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island (Te Ika-a-Māui) and the South Island (Te Waipounamu)—and over 700 smaller islands.
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