Changes to New Zealand GST – no problem
One of the biggest (and most anticipated changes) for The Budget just delivered by New Zealand’s Minister of Finance Bill English is that GST will rise from 12.5% to 15% effective 1 October. You may be wondering what this means to you as a Xero user.
Well, the news is all good, Xero will be taking care of all the heavy lifting for you while you get on with more important things. This is a great example of the power of online software – you get to enjoy all the benefits of regular updates and new features without having to install any updates or pay anything extra. And from what you tell us this is important …
“Friends warned us that the software gets outdated and upgrades are expensive, plus they’re a real hassle to install. With Xero we get all the upgrades automatically for free.” – Penny Towns, Inspire Photography
So sit back, relax and look out for posts over the next few months explaining what we’ll be doing and how we’ll make the increase in GST a wee bit less painful.
We’ll also be posting more on The Budget…
21 May 2010 #
7 December 2010 #