As predicted, the rate of Goods and Services Tax (“GST”) has increased in the budget from 12.5% to 15% (which equates to a 2.22% increase in the price of goods and services which include GST) effective from 1 October 2010. This is expected to
As predicted, the rate of Goods and Services Tax (“GST”) has increased in the budget from 12.5% to 15% (which equates to a 2.22% increase in the price of goods and services which include GST) effective from 1 October 2010. This is expected to result in an approximate 2% increase in the rate of
