Air BnB and GST


Covid-19 has caused some people who were supplying Air B&B accommodation to switch to renting out their property.


This is a switch from commercial renting to residential renting. GST applies to commercial renting for those who hit the $60,000 threshold for GST registration.


If you switch your commercial rental, such as Air B&B, to residential renting you need to pay Inland Revenue GST on the value of the property, if the residential renting goes on for 12 months or more.


This time has now been extended to 18 months provided the switch to residential renting occurs between 14 February 2020 and 31 October 2020.

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