Goods and services tax : Some implications for New Zealand farm businesses based on the U.K. experience

Abstract

The introduction of a Goods and Services Tax in New Zealand has aroused concern amongst farmers about its impact on them. The purpose of this article is to describe the operation of a similar tax in the United Kingdom and how it affects British farmers. Some suggestions about how G.S.T. will affect New Zealand farmers will be made in the light of the U.K. experience.