Goods & Services Tax (GST)
GST is charged by GST-registered persons on the supply of goods and services in the course of a taxable activity.
There are different basis for charging GST, differing periods for returning and paying GST and many issues around the "time of supply" that can be quite confusing.
We encourage our clients to complete their own GST returns where possible. However, if you require advice or assistance in completing your return, we are more than happy to help.
Where a client completes their own GST return, we can assist by reviewing the return prior to it being filed with Inland Revenue to ensure that there are no obvious errors.
We can assist with GST registration, and will provide advice to people who are newly started in business.
There are a number of situations where there are questions regarding the requirement to charge (or pay) GST. Getting advice prior to completion of the GST return can often save penalties and interest being charged by Inland Revenue if the transaction has been incorrectly accounted for.
Please give us a call if you require any advice regarding GST.