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Budget 2024 | The Government has announced proposed changes to personal income tax, the independent earner tax credit, in-work tax credit, the minimum family tax credit and the interest rate charged for overseas based student loans. They have also provided more information on FamilyBoost. Find out more: www.budget.govt.nz

Depending on the circumstances, payment - koha - is not liable for tax if it's a gift.

Koha given for something in return is not a gift, but you may need to pay GST on this type of koha.

It's the same for money, goods or vouchers - koha - given to someone who does work for you. It is not a gift, as you got something in return. You will need to deduct PAYE on koha given this way.

It's best to look at each situation on a case by case basis.

GST and koha

Last updated: 08 Mar 2024
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