Photo by Pixabay from Pexels
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. So essentially, as a property investor, you can't collect GST on the rent charged to a tenant, nor claim GST on any expenses you incur, even if you’re registered for GST.
As myRent was built for NZ residential landlords we don't record or account for GST on any reports we generate.
Includes a listing on Trade Me, realestate.co.nz, OneRoof, trovit.co.nz, and Homes.co.nz.
Rent with confidence and make informed decisions with comprehensive tenant checks.
Save time and money. Rest easy with our self-management platform. Start with a free trial.
Subscribe to our weekly newsletter read by 30,000+ landlords. Get updates on important tenancy law changes, tips on maximising rental returns, and more great resources.
