SearchGST on the rent
Fran Hazid asks:
(updated on Monday, January 03rd 2022)
Does a small business renting a residential property for business pay GST on the rent?
Our Experts Answer:
The supply of residential rental accommodation in NZ is an exempt supply for GST. So because the landlord is not charging GST, there will be none to claim.
If you are ever unsure whether there is GST on a supply, ask yourself one simple question… “Do I have a GST tax invoice indicating I was charged GST.” If the answer is no there will be no GST claimable unless you are acquiring a second hand good for use in your taxable activity.
| Unity | 6.99 |
| Heartland Bank - Online | 6.99 |
| ICBC | 7.05 |
| SBS FirstHome Combo | 7.05 |
| China Construction Bank | 7.09 |
| Co-operative Bank - First Home Special | 7.10 |
| Wairarapa Building Society | 7.15 |
| Co-operative Bank - Owner Occ | 7.30 |
| Kiwibank Special | 7.35 |
| BNZ - Classic | 7.35 |
| TSB Special | 7.39 |
| China Construction Bank | 6.75 |
| Heartland Bank - Online | 6.85 |
| ICBC | 6.85 |
| Wairarapa Building Society | 6.94 |
| Unity | 6.99 |
| Westpac Special | 6.99 |
| Kiwibank Special | 7.05 |
| ASB Bank | 7.05 |
| BNZ - Classic | 7.05 |
| AIA - Go Home Loans | 7.05 |
| Co-operative Bank - Owner Occ | 7.05 |
| China Construction Bank | 6.40 |
| Westpac Special | 6.49 |
| ICBC | 6.49 |
| AIA - Go Home Loans | 6.69 |
| BNZ - Classic | 6.75 |
| ASB Bank | 6.75 |
| Kiwibank Special | 6.79 |
| SBS Bank Special | 6.79 |
| TSB Special | 6.79 |
| Co-operative Bank - Owner Occ | 6.85 |
| Kainga Ora | 6.99 |
| SBS FirstHome Combo | 6.19 |
| AIA - Back My Build | 6.19 |
| ANZ Blueprint to Build | 7.39 |
| Credit Union Auckland | 7.70 |
| ICBC | 7.85 |
| Heartland Bank - Online | 7.99 |
| Pepper Money Essential | 8.29 |
| Co-operative Bank - Standard | 8.40 |
| Co-operative Bank - Owner Occ | 8.40 |
| Kiwibank | 8.50 |
| Kiwibank - Offset | 8.50 |
