Tax, law and invoicing in the trades — New Zealand
9 posts for this country. We write our own posts per country instead of translations — the source and the date it was checked sit under every one.
Zirko Redaktion8 min readRegister for GST in NZ: $60,000, last year or next
The test is not last year's turnover. It is the last twelve months or the next twelve, which means one signed contract can make a business liable before it has been paid a cent of it.
Zirko Redaktion9 min readSample invoice NZ: the $200 and $1,000 lines
Two figures decide what a New Zealand invoice must carry. Since 1 April 2023 the rules hang on taxable supply information, and the words tax invoice are required nowhere.
- Zirko Redaktion10 min read
Adjudication in New Zealand: five working days to down tools
Any party to a construction contract can refer any dispute to adjudication, even one already before a court. The determination is enforceable as a District Court judgment.
Zirko Redaktion9 min readBuilding Act warranties you cannot contract out of
Section 362I implies six warranties into every contract for building work on a household unit, despite any contrary provision. Section 362Q gives twelve months to notify a defect.
Zirko Redaktion9 min readLicensed Building Practitioner: what restricted work covers
Five trades, two building elements, one licence class each. Restricted building work is set by an Order in Council, and every LBP who carries out or supervises it owes a record of work.
- Zirko Redaktion10 min read
Payment claims and payment schedules: twenty working days
Under the Construction Contracts Act 2002 a payment claim meeting six requirements, with the right attachments, turns silence into a debt. Get one of the six wrong and it does not.
- Zirko Redaktion10 min read
Residential building contracts: the $30,000 line
Above $30,000 including GST you must hand over prescribed disclosure information and a checklist before signing, and the contract must be written with sixteen specified matters.
- Zirko Redaktion10 min read
Retentions are trust money, account or no account
The 2023 amendments made retention money trust property automatically, the moment the contract allows it to be withheld. Not keeping it in a complying bank account is an offence.
- Zirko Redaktion9 min read
The Site Safety Card is not the law: what the law asks
Site Safe is a not-for-profit membership organisation. Its passport card is a contractual entry requirement on most large sites, not a statutory one. The Act asks for something else.