Impact of Repairing Leaky Homes on GST Information Release
Page updated 26 Mar 2010
The Treasury has released a report it prepared for the Minister of Finance in December 2009 on whether the government would receive a large GST windfall from the additional spending on repairs for leaky homes.
The report indicates, in short, expenditure on repairing leaky homes is likely to have no impact on overall GST receipts. GST is a broad based tax and the money the government, councils and homeowners spend on repairing leaky homes would otherwise be spent on other goods and services elsewhere in the economy. These goods and services would also be subject to GST so there is unlikely to be any net increase in GST.
Deletions to Document
Some of the content of this document has been deleted where it is considered necessary to protect the privacy of natural persons.
Using PDF Files
|17 Dec 2009||The Treasury||Treasury Report T2009/2759: Impact of Repairing Leaky Homes on GST
Released 26 March 2010
|t2009-2759.pdf (27 KB)|
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