Starting from the 2024 calendar year, online platforms in New Zealand must comply with income reporting and GST requirements.
Who must register in New Zealand?
Online platform operators must register if:
• the platform connects buyers and sellers of goods or services;
• vendors on digital marketplaces who benefit from the mentioned services, including drivers, providers, and property owners;
• property agents who advertise short-stay and visitor lodging on digital marketplaces for property owners.
Operators who are not required to register
If the company provides personal services or shares assets, supplies creative or professional services, there are no special reporting requirements for it and the usual goods and services tax rules apply to such companies.
Registration of platform operators
Local or foreign online marketplaces must register and return Goods and Services Tax if total sales exceed or are expected to exceed NZ$60,000 in a year.
The procedure for registration is slightly different for residents and non-residents, but the same for them is to register with the approved authorities and submit the necessary documents to confirm the activities of the companies.
Which type of activity need to report?
• Ride-sharing and taxi services;
• Delivery of food and drinks;
• Short-term rentals and visitor accommodations. (Note: Accommodation that serves as the customer’s main residence is exempt from this.)
Starting from April 1, 2024, drivers, delivery persons, or hosts offering these services in New Zealand through an online marketplace will be subject to updated GST regulations specific to marketplaces.
Deadlines for DAC 7 reporting
7 February 2025 is the deadline for submitting reports for online platform operators for year 2024.