GST Returns

GST Returns filing frequency options are monthly, two-monthly (ending in odd months) or six-monthly. Most businesses opt for two-monthly GST filing frequency. If you carry out a taxable activity and your turnover was at least $60,000 in the last 12 months, or you expect it will be at least $60,000 in the next 12 months, then you must register for GST. Once registered for GST you need to charge GST to your customers. GST rate is 15%. At the end of each GST period, GST returns are prepared by accountant and you will be advised if you have a GST to pay or a GST Refund.  GST payments must be made to IRD by due dates to avoid any penalties.

$75

per month

OR

$150

per GST Return

GST Preparation

GST Return Filing

GST submission Report

GST due date Alerts

Click here to Enquire Now !

$110

per month

OR

$220

per GST Return

GST Preparation

GST Return Filing

GST submission Report

GST due date Alerts

Xero or MYOB Subscription

Coding transactions in MYOB/XERO

Bank Reconciliation Report

Detailed GST Transaction report

Six monthly reports

Click here to Enquire Now !

$140

per month

OR

$280

per GST Return

GST Preparation

GST Return Filing

GST submission Report

GST due date Alerts

Xero or MYOB Subscription

Coding transactions in MYOB/XERO

Bank Reconciliation Report

Detailed GST Transaction report

Six monthly reports

Annual Financial Reports

Income Tax Returns

Click here to Enquire Now !

Q & A

Q- I like the $110 per month option, but I don’t know how to use XERO or MYOB.

A- You don’t have to do anything, we will do entries in XERO / MYOB and maintain your business accounts.

Q- Why do I need software subscription then.

A- You can login XERO/MYOB anytime and check your business profit and expenses. You can also check what is the position of your business and can also estimate your Income tax.

Q- But how will I do that, as I don’t know  how to operate these software’s.

A- We will give you a short tutorial when we set up your accounts.

Q- What software would you include XERO or MYOB in the subscription.

A- We will advise you the best option according to your business situation. We will also show you a demo on both MYOB and XERO.

Q- I purchased a small franchise 6 months ago, didn’t hire any accountant yet. IRD has send me letters, can you help with that.

A- Sure, we can help sorting any IRD queries and your accounts, you might get some GST refund, please contact us .

Q- I am a sole trader, for last 2 months I didn’t work at all. Do I still need to file GST.

A- Yes. once you are registered for GST, you are required to file GST returns. If you are planning to move on, then you must cancel the GST registration.

Q- I am a part time Uber driver, do I need to register for GST?

A-  Like any other business in New Zealand, if your turnover from all sources of self employed income is 60,000 or more, you need to register for GST. Though Uber might deduct a different commission for GST and non-GST registered drivers.

Q- Can I Change GST Return Filing Frequency?

A- Yes, GST return filing frequency and accounting basis can be changed.

Q- I am overseas supplier, selling small value goods online to New Zealand consumers. Do I need to register.

A- From 1st December 2019, if your turnover from goods sold to New Zealand Consumer is $60,000 or expected to be 60,000 or more in next 12 months, then you are required to register for GST. We are Inland Revenue Department tax agents and can help you register for GST.