There's no GST to pay on rental income from long-term residential renting. You also cannot claim GST on your long-term rental expenses.
Short-stay accommodation rental income is different. You may have GST to pay on income you get from renting out short-stay accommodation because it’s a taxable activity.
You may have to pay GST on any short-stay rental income from renting out:
- a room in your house
- your whole house
- another residential property (not your main home), for example an investment property or one you intended to sell or flip
- a cottage, caravan or sleep-out (on your property)
- a holiday home.
GST when you’re registered
If you’re registered for GST, there are ongoing requirements once you’re registered. These are:
- administrative requirements, such as filing your GST returns, issuing invoices and keeping good records
- change-in-use adjustments if you change your property's use from taxable to non-taxable use
- GST when you sell your property.
Short-stay accommodation provided through an online marketplace
From 1 April 2024, if you provide short-stay accommodation through an online marketplace, for example Airbnb, Bookabach or Holiday Houses, they will collect and pay the GST to us.
GST for drivers, deliverers and accommodation owners
If you provide short-stay accommodation directly to customers, for example through your own website, the ordinary GST rules apply and you will have to collect and pay GST if you are required to register.