A sellling agent told me the following for the sale of my apartment in NZ....
"So we are marketing as inclusive of GST but this will have to be paid by you from the proceeds of the sale.GST is 17.5%"
Is that true? That means if I sell for the valued price of 280k, I will have to pay 49k in GST from the sale...
"So we are marketing as inclusive of GST but this will have to be paid by you from the proceeds of the sale.GST is 17.5%"
Is that true? That means if I sell for the valued price of 280k, I will have to pay 49k in GST from the sale...