8 TIPS ON HOW TO AVOID GST DELAYS

8 TIPS ON HOW TO AVOID GST DELAYS

Besides making sure you provide the correct information so your registration isn’t delayed, ensure you thoroughly check the following:

 ⇒  street address of your business - this should be on your mail posts or you can look it up on Google Map.

 ⇒  start date of your GST registration - go back and confirm the start date of your GST.

 ⇒  your signature - ensure it is legitimate and the same across all paperwork and in the correct allotted space.

 ⇒  your BIC code/IRD number - as always, this is your IRD identification, which cannot have a mistake.

 ⇒  correct description of your business - the more detailed you are about the nature of your business, the better.

 ⇒  actual business activity the ‘family trust’ is engaged in (if any).

 ⇒  your taxable period (how often you want to file GST returns - monthly, two-monthly, or six-monthly).

 ⇒  your accounting basis (how you’ll claim and pay GST).

Once you have thoroughly checked these in order, your GST claims should not face any delays. The best part is, with Accounting4Me, we do this for you automatically so you don't have to bear the headache of scrapping through every piece of paper for your details. Plus, our technology is built in such a way that you don't have to keep filling up your information again and again!