top of page

Tax

Taxation is an key part of Quiddage.

Smart business owners avoid making products with high tax rates and look for opportunities to earn extra by recycling or upcycling items.  

Sugar / Fat tax - 60%

$NZ tax - 30%

Gambling tax - 90%

Environmental impact tax - 50%

Recycled or upcycled products rebate - 50%

  • If businesses have products that fall into several tax brackets, they will be charged at the highest rate eg business owners use $NZ to buy icing sugar to make sherbert, and then serves it in recycled paper cups, they will be charged 60% tax.

  • Even if you already have ingredients / materials at home, they would have been paid for with $NZ at some point, so  that would still count as $NZ tax.

  • A very small number of $NZ may be spent without incurring a high tax rate.

bottom of page