On 1 October 2010, the GST rate is going up to 15% along with other changes such as updated PAYE rates.
While the changes might seem fairly simple, they're part of one of the biggest updates of the New Zealand tax system in years. You'll need to make the right business decisions about pricing, stocking levels and customer communications, and you'll need to update your systems to correctly report GST.
MYOB have created a booklet explaining the GST changes and how they can affect your business.
There is information about fundamental business
considerations, how you can manage the change and tasks to consider
in the lead up to 1 October.
Download the PDF document HERE
For more information about the GST/Tax changes go
to
www.myob.co.nz/gstchange
