Support eFairness in NZ: close the GST loophole to keep our high streets healthy
This petition had 441 supporters
A loophole in the law means that foreign websites don't pay GST to the Government. This is unfair to local retailers and costing all New Zealanders. It’s threatening the vitality of our local town centres, closing domestic businesses, costing Kiwi jobs, and eroding valuable tax dollars.
The Government is missing out on at least $200 million a year in revenue from low value goods, not counting GST that would otherwise be paid on cross-border services and digital downloads delivered into New Zealand.
That's a huge amount of tax money - enough to pay for at least 4,345 new first-year primary school teachers, or more than 9,091 hip replacements every year!
We are asking the government to close the loophole by:
• Requiring overseas companies to register for GST, and collect the tax just like any other retailer does.
• Introducing a $25 threshold for low value goods - where GST and duty has not been pre-paid, this should be collected at the border before the items are released.
Please support our campaign to close the loophole and bring eFairness to New Zealand!
Today: Retail NZ is counting on you
Retail NZ needs your help with “We're asking the Government to support eFairness in NZ and close the GST loophole to keep our high streets healthy”. Join Retail NZ and 440 supporters today.