Profile 1: Owner Pays GST (Offline Bookings)
Profile 1: Owner Pays GST (Offline Bookings)
How this Tax Profile Works
The full GST amount is allocated to the Owner and deducted from the Owner Account
Matches the traditional Resly GST workflow
The GST shown on the Owner Statement may not equal exactly 15% of the Owner's accommodation earnings because it reflects the GST collected from the guest on the original booking value.
Best suited for | Property Managers who pass the full GST amount to the Owner statement, then deduct the GST before paying the Owner |
Who collects GST? | The booking channel collects GST from the guest and passes it to the Property Manager |
Who remits GST? | The Property Manager remits the GST to Inland Revenue (IRD) |
Where is GST deducted? | The full GST amount is deducted from the Owner Account before the Owner is paid |
Commission Handling
Is Owner commission splitting supported? | No
The full GST amount is allocated to the Owner first, then deducted as a separate transaction |
GST Split | Not applicable |
How GST is Calculated
In this scenario, the owner is responsible for GST on the full booking value.
Accommodation: $1,000
Cleaning Fee: $100
Property Manager Fee: 10% of accommodation = $100
GST Rate: 15%
Total booking value: $1,100
The total GST owed to the government on the full booking value is always:
$1,100 × 15% = $165
The difference between what the owner pays and the total GST liability is what the property manager must pay.
Line Items |
|
Accommodation | $1,000.00 |
Management Fee | $100.00 |
Total Booking Value | $1,100.00 |
GST remit to IRD by Owner | GST on total booking: $1,100 × 15% = $165 |
Property Manager | $0.00 |
Outcome (includes a narrative that details who remits)
The Owner pays the entire GST liability
The property manager still earns their $100 management fee, but does not pay GST for the booking revenue in this scenario
Profile 2: Manager Pays GST (Offline Bookings)
Profile 2: Manager Pays GST (Offline Bookings)
Profile 3: Manager Pays GST
Profile 3: Manager Pays GST
Profile 4: Manager Pays GST
Profile 4: Manager Pays GST
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
DRAFT BELOW - IGNORE
Shared GST Deduction
GST is divided between the Property Manager and the Owner.
Tax Profile 2: GST Shared Between the Property Manager and Owner
How this Tax Profile Works
Property Managers who want the Owner Statement to show GST that matches the Owner's accommodation earnings.
GST split logic between owner + manager
Line Items |
|
Accommodation | $1,000.00 |
Management Fee | $100.00 |
Total Booking Value | $1,100.00 |
GST remit to IRD by Owner | GST on total booking: $1,100 × 15% = $165 |
Property Manager | $0.00 |
Who collects GST?
The booking channel collects GST from the guest and passes it to the Property Manager.
Who remits GST?
Both parties.
The Property Manager withholds part of the GST before paying the Owner, while the remaining GST is shown against the Owner's accommodation earnings.
Where is GST deducted?
Part is retained before Owner disbursement, with the remaining GST deducted from the Owner Account.
Is Owner commission splitting supported?
Yes.
GST is split between the Property Manager and the Owner before commission and Owner calculations are completed.
GST Credit
Not applicable.
Things to know
Produces Owner Statements where GST aligns with the Owner's accommodation amount.
Often easier for Owners to understand because the GST shown equals 15% of their accommodation earnings.
Marketplace/OTA GST Pass Through
The booking channel collects GST from the guest and passes the GST to the Property Manager, who is responsible for remitting it to IRD.
Best suited for
Property Managers using booking channels where GST is collected from the guest and passed through to the Property Manager to remit to IRD.
Who collects GST?
The booking channel collects GST from the guest and includes the GST amount in the settlement paid to the Property Manager.
Who remits GST?
The Property Manager is responsible for remitting the GST to IRD.
Where is GST deducted?
The GST is retained by the Property Manager before Owner funds are disbursed. Depending on your business model, the GST may be deducted entirely from the Owner Account or shared between the Property Manager and the Owner.
Is Owner commission splitting supported?
Yes.
This marketplace model supports both Full GST Deduction and Shared GST Deduction business models.
GST Credit
Available for non-GST-registered Owners where the marketplace rules allow an 8.5% GST credit.
Things to know
Used by Booking.com, VRBO and most online booking channels.
The Property Manager receives the GST collected by the marketplace and is responsible for reporting and remitting it to IRD.
This is the most common NZ GST marketplace model supported in Resly.
Marketplace/OTA GST Remittance
Summary
The booking channel collects GST from the guest and remits it directly to IRD before settling the booking with the Property Manager.
Best suited for
Property Managers using Airbnb's Marketplace GST model, where Airbnb remits GST directly to IRD before settling the booking.
Who collects GST?
The booking channel collects GST from the guest.
Who remits GST?
The booking channel remits the GST directly to IRD before paying the Property Manager.
Where is GST deducted?
GST is deducted by the booking channel before the settlement is paid to the Property Manager. The Property Manager does not receive the GST amount that has been remitted.
Is Owner commission splitting supported?
No.
Because the marketplace remits the GST before settlement, there is no GST amount available to split between the Property Manager and the Owner.
GST Credit
For non-GST-registered Owners, the applicable 8.5% flat-rate GST credit may still be received through the marketplace settlement process.
Things to know
Currently supported by Airbnb.
The Property Manager does not remit GST collected from the guest, as Airbnb has already completed this obligation.
The settlement received is lower because the GST remitted by Airbnb has already been deducted.