Plain language law

New Zealand law explained for everyone

Goods and Services Tax Act 1985

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

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

You could also call this:

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

Illustration for Goods and Services Tax Act 1985

When you make a return that includes supplies charged with tax at a rate of 0% under section 11A(1)(q) and (r), you need to work out the effect of these sections for supplies you make to each other person. You can do this by looking at the statistics of the supplies made by the other person. Alternatively, you can use a method that is approved by the Commissioner.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM83892.

Topics:
Money and consumer rights > Taxes
Previous

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

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

Next

20F: Election that sections 11A(1)(q) and (r) and 20C apply, or

"Choosing to apply special tax rules when supplying financial services"

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

20EDetermining supplies charged at 0% under section 11A(1)(q) and (r) from supplies by another person

  1. If a person makes a return that includes a figure for the value of supplies charged with tax at a rate of 0% under section 11A(1)(q) and (r), that are made by the person to other persons, the effect of section 11A(1)(q) and (r) for supplies made by the person to each other person must be determined—

  2. on the basis of the statistics of the supplies made by the other person; or
    1. using a method that is approved by the Commissioner.

      Notes
      • Section 20E: inserted, on , by section 155 of the Taxation (GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act 2003 (2003 No 122).