Your GST return is due soon.
You need to file your GST return at the end of every taxable period (this may be monthly, 2 monthly or 6 monthly depending on the frequency you have chosen for your business – you can check this with us).
When to file your GST return
Your GST return is due by the 28th of the month after the end of your taxable period.
For example, the GST return for the taxable period ending 31 May is due by 28 June.
There are 2 exceptions to this date:
- The GST return for the taxable period ending 31 March is due by 7 May.
- The GST return for the taxable period ending 30 November is due by 15 January.
- Your GST payment is due on the same day as your GST return
We can help you file your return and pay by the due date to avoid late penalties.
Have you got your paperwork in order? – You’ll need to calculate the following to work out your return:
- Total sales and income for the taxable period
- Total purchases and expenses for the taxable period
- Any GST adjustments for the taxable period
Make sure you keep your receipt from Inland Revenue with the rest of your tax records and make any payments by the due date.
Remember: Simplify GST by keeping a record of your business income and expenses as you go.
Give us a call. We can help you with your tax obligations.
