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New Zealand Tax Information

15% GST

GST is 15% flat. Registration mandatory above NZD 60,000 turnover. IRD number required.

Contractor Services to Invoice

  • Labor charges
  • Material costs
  • Equipment rental
  • Permit fees
  • Subcontractor work
  • Change orders
  • Warranty work

Invoice Requirements in New Zealand

GST number
IRD number
Business address
Client details
GST (15%)
Total in NZD

Payment Terms

Progress billing at milestones. Retain 5-10% until final inspection.

Due on receipt7 days20th of monthNet 30

Payment Methods in New Zealand

Bank TransferPOLiCredit CardPayPal

Contractor Invoice Tips

  • Break down materials and labor
  • Reference permits
  • Document change orders
  • Include lien waiver language
  • Track progress payments

Frequently Asked Questions

What tax rate applies to contractor invoices in New Zealand?

New Zealand has 15% GST. GST is 15% flat. Registration mandatory above NZD 60,000 turnover. IRD number required.

What payment methods are common for contractors in New Zealand?

Common payment methods in New Zealand include: Bank Transfer, POLi, Credit Card, PayPal. Progress billing at milestones. Retain 5-10% until final inspection.

What should contractor invoices include in New Zealand?

Your invoice should include: GST number, IRD number, Business address, Client details. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.

How should contractors bill for projects?

Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.

How do contractors handle material markup?

15-25% markup is standard. State policy in contracts.

What is NZ's GST rate?

15% flat on most goods and services. Financial services are exempt.