Cornish Accounting can provide your business with a complete GST analysis.
Complying with GST for small to medium sized businesses can be a time-consuming and stressful. With Cornish Accounting’s expertise’s we can take care of filing your GST and also ensure you submit your return on time to avoid interest and penalties.
GST is a tax on goods and services, including imports. The rate for GST in New Zealand is 15% although it can be zero-rated for exports.
Certain supplies of goods and services are “exempt supplies”. These include:
GST registration is required if:
Your filing frequency and accounting basis is selected when you register for GST.
Filing Frequency Options:
Accounting basis – Methods of accounting for GST:
For more information on GST see the GST section of the IRD website.