LatestGoods & Service Tax (GST) 10 July 2026
GST Becomes Working Capital
GST has become a crucial buffer between surviving another month and running out of cash flow for many businesses, with Inland Revenue owed 3.3 billion dollars as at 30 June 2025, highlighting the need for earlier intervention to save viable businesses from cash flow issues
GST has quietly become the buffer between surviving another month and running out of cash flow. As at 30 June 2025, Inland Revenue was owed $3.3 billion.
The GST has become working capital for many businesses, with some using it to stay afloat.
- Many businesses are using GST to survive, highlighting the need for earlier intervention to save viable businesses from cash flow issues
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