Odoo for New Zealand: GST & NZ Localization Guide

NZ Tax in Odoo

New Zealand has a 15% GST. IRD (Inland Revenue Department) oversees tax compliance. Odoo's NZ localization includes the NZ chart of accounts and GST configuration.

GST

# GST rates:
# 15% — Standard (most goods and services)
# 0% — Zero-rated (exports, financial services to non-residents)
# Exempt — Residential rent, financial services (domestic)

# GST Return filed: 1-monthly, 2-monthly, or 6-monthly
# Based on annual turnover
# Submit via myIR (IRD online portal)

PAYE

# Pay As You Earn deductions:
# Income tax brackets (progressive)
# ACC (Accident Compensation Corporation) levies
# Student loan repayments
# KiwiSaver contributions (3%, 4%, 6%, 8%, or 10%)
# Employer KiwiSaver: 3% minimum

# IR filing: Payday filing (submit each pay day)
# Via myIR or payroll software integration

DeployMonkey for NZ

Deploy Odoo for your NZ business on DeployMonkey with servers in Australia (low latency). AI agent configures 15% GST, NZ chart of accounts, and IRD reporting.