Goods and Services Tax Act 1985

Returns and payment of tax - Calculation of tax payable: deductions, apportionment, other adjustments

20D: Determining availability of deduction under section 20C from supplies by another person

You could also call this:

"Can you claim a tax deduction for goods and services you supplied to others?"

Illustration for Goods and Services Tax Act 1985

When you make a return that includes a deduction under section 20C, you need to figure out if you can get that deduction for supplies you made to other people. You do this by looking at the statistics of the supplies made by those other people. This helps you determine if you can get the deduction under section 20C for the supplies you made to each of them.

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This page was last updated on 18 July 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM83890.

Topics:

Money and consumer rights > Taxes

20C: Goods and services tax incurred in making certain supplies of financial services, or

"Tax deductions for businesses that supply financial services to others"

20E: Determining supplies charged at 0% under section 11A(1)(q) and (r) from supplies by another person, or

"How to work out tax on supplies that are free from tax when someone else is involved"

Part 3Returns and payment of tax
Calculation of tax payable: deductions, apportionment, other adjustments

20DDetermining availability of deduction under section 20C from supplies by another person

If a person makes a return that includes a figure for a deduction under section 20C based on the value of supplies made by the person to other persons, the availability of the deduction under section 20C for supplies made by the person to each other person must be determined on the basis of the statistics of the supplies made by the other person.

Notes

Section 20D: inserted, on 1 January 2005, by section 155 of the Taxation (GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act 2003 (2003 No 122).