GST mechanics

By KINIBIZ

GST Mechanics in story banner

In this three-part series of articles, KiniBiz takes a close look at the mechanics governing the implementation of GST. We begin by making sense of a 900-item long list of goods and services that will not be charged the GST. We move on to consider the goods which will rise in price and those that will fall and try to explain why. And finally we look at whether the large number of zero-rated, exempt goods and new procedures, will cause GST be more difficult to implement and adhere to.

Issues
#1

Finally a clearer GST picture

KiniBiz makes sense of a 900-item long list of goods and services that will not be charged the Goods and Services Tax. We begin with a big-picture view of the GST
#2

Some prices should go down, some up

Some goods should fall in prices while others should rise due to the introduction of the goods and services tax (GST) while others should remain unchanged. KiniBiz looks at which these are and why.
#3

GST implementation headaches

With all changes there is a learning curve and period of adjustment and the goods and services tax or GST will be no different. With a large number of zero-rated and exempt goods and new ...