Free GST Second-Hand Goods Calculator for New Zealanders
When a GST-registered NZ business buys second-hand goods from a non-registered seller for taxable use, an input claim of 3/23 of the price is allowable, even though no GST was charged.
Your purchase
$5,000
$
GST claimable
$652
3/23 tax fraction of price
Based on a $5,000 second-hand purchase intended for taxable use.
Purchase price$5,000
Tax fraction (3/23)13.04%
GST claimable$652
Net cost after claim$4,348
About our GST Second-Hand Goods Calculator
Disclaimer: This calculator is for information only and does not constitute financial advice. Real-world figures may differ due to fees, rounding, rate changes, and policy specifics. Always confirm figures with the relevant provider before signing anything.