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Story: Taxes

Shopping with GST

Goods and services tax (GST) was introduced on 1 October 1986 at a rate of 10% on all goods and services, with three exemptions: financial services, housing and rental accommodation. This page of a pamphlet explains how income taxes were also reduced at the same time.

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Inland Revenue Department

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How to cite this page

Paul Goldsmith, Taxes – Labour government reforms – 1984 to 1990, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/en/zoomify/23976/shopping-with-gst (accessed 4 June 2026).

Story by Paul Goldsmith, published 27 October 2009, updated 2 September 2016.