Skip to content
NZ
Log InRegister

STRESS-FREE GST FILING

GST Compliance

Managing GST can be time-consuming and complex. We simplify the process, ensuring your GST returns are accurate, timely, and compliant with New Zealand's tax regulations.

Tech business owner behind a laptop

The benefits of expert GST management

  • Assurance that all GST is accurately accounted for each GST period
  • Peace of mind that you're compliant with the latest tax regulations
  • Avoid costly errors that could lead to penalties or overpayments
Businesswomen using a tablet to analysis some financial info

Beany's GST service

  1. GST return preparation Your Xero transactions are reviewed for accuracy
  2. Expert compliance check Making any necessary corrections or adjustments (e.g. private-use portions of an expense)
  3. IRD filing Following your approval, we submit the GST return to Inland Revenue
  4. Payment reminders Email notifications of the amount owed and due date

Ready to join Beany?

Book a call to discuss your accounting requirements or sign up today.

Ready to join Beany?Book a callReady to join Beany?Get started

GST FAQS

Frequently asked questions

Need more info about GST returns and what's involved with using our GST return service, have a read of our FAQs.
A GST return is a report you must file with the IRD that summarises the GST you’ve collected and paid over a specified period of time.Depending on your business this is a monthly, two-monthly or six-monthly period.Based on the return, businesses either make a payment to the IRD or receive a refund.
If you carry out any form of business activity with a turnover of $60,000+ annually, you must be GST-registered and file GST returns. This applies to business owners, freelancers, or contractors.
This depends on your filing frequency. If you file monthly, your returns are due on the 28th of the following month. For other frequencies, check out our key dates page.
The short answer, yes. You can file via your myIR account or some accounting software. However, GST rules can be complex, so we recommend using a professional to ensure you meet your obligations.A GST return is not just declaring the GST on sales and the GST on purchases, but also covers special transactions that might be zero-rated or GST-exempt. Manual credit or debit adjustments may also be required (e.g. to account for private use of an asset). A tax professional looks at all of this and makes the necessary corrections and adjustments when they’re preparing your GST return.
Beany clients who use Xero.We need to be linked to the IRD as your tax agent and have access to your financial records in order to process GST returns. As Xero experts, we only provide this service to businesses who use Xero.Book a call with one of our team so that we can learn about your business and your accounting requirements. Following the call a quote will be provided for services discussed as well as details of the next steps for coming on board as a client.
  1. After the GST period has ended, ensure all your transactions for that reporting period are reconciled in Xero. (We will send a reminder, so you don’t need to worry about forgetting).
  2. Once reconciled, you press a button in our Beany platform to let us know that everything is ready to go and we can start preparing the GST return. One of our GST experts will get to work reviewing everything and making any necessary corrections and adjustments.
  3. When your GST return is ready, we’ll let you know and ask you to approve it.
  4. We file it with the IRD and inform you how much you owe (or the refund amount if you’re due a refund).
  5. Relax, you’re all sorted. We also send payment reminders so you don’t miss the payment deadline.
Reconciling transactions - If you'd like some business admin support, we can definitely help. View our bookkeeping service for details.GST payment - We do not make any tax payments to the IRD on behalf of our clients.
View our support site

GST resources

a picture of an old second hand storeRead more about GST on second hand goods
Tax

GST on second hand goods

February, 2021

In New Zealand, GST on second hand goods can be tricky. In this blog, we’ll talk about how GST works when buying se...

Read more about GST on second hand goods
2 business mates looking at a computer to represent them looking up their tax responsibilitiesRead more about A guide to company taxes
Tax

A guide to company taxes

August, 2024

A company may have different tax responsibilities compared to other business structures (such as sole trader, partn...

Read more about A guide to company taxes
a person is calculating using a calculator Read more about The basics business owners need to know about GST
Tax

The basics business owners need to know about GST

March, 2021

GST is a tax everyone pays on goods and services while living out their day-to-day lives. Businesses collect this ...

Read more about The basics business owners need to know about GST