{"id":11019,"date":"2025-04-10T16:06:46","date_gmt":"2025-04-10T04:06:46","guid":{"rendered":"https:\/\/marketingwebsite.afirmo.com\/nz\/?page_id=11019"},"modified":"2025-09-18T10:36:49","modified_gmt":"2025-09-17T22:36:49","slug":"gst-calculations","status":"publish","type":"page","link":"https:\/\/www.afirmo.com\/nz\/features\/gst-calculations\/","title":{"rendered":"GST Calculations"},"content":{"rendered":"

Stay on top of your
\n<\/span> GST with ease<\/span><\/span><\/h1><\/div>

Each time you add new data to Afirmo, the software automatically updates your GST calculations, so you will always know exactly how much to set aside. Need to check your draft GST return? Access it anytime with just a few clicks.<\/span><\/span><\/span><\/div>\n
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Book a Demo<\/span><\/a><\/div><\/div><\/div>
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GST return preparation<\/h3><\/div>

GST returns are an essential part of any accounting tool because businesses need to pay or receive GST payments \/ refunds every one, two or six months. Afirmo however has several additional features to add more value to our customers. <\/span><\/span><\/span><\/span><\/span><\/p>\n

Live GST returns available 24\/7:<\/span>
\n<\/b>Each time you add more information to your Afirmo software, the GST return will update to claim GST on the new transaction. The GST return is available to always view so you can keep track of your financial position.<\/span><\/p>\n

Ready to file format if you want to file them yourself:<\/span>
\n<\/b>Afirmo\u2019s GST returns match IRD requirements – so you can file them yourself, but with our experts reviewing them, why bother?<\/span><\/span><\/span><\/p>\n

Afirmo tax experts review each GST return:<\/span>
\n<\/b>Afirmo likes to do things better than others, so we don\u2019t just prepare your GST return, we will review it for you before it is submitted to the IRD. We will contact you and start a dialogue if we think you need to make changes.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>

Flexible GST return settings<\/h3><\/div>

Change GST filing frequency when you want<\/span><\/span>:<\/span><\/span><\/span>
\n<\/b>Within certain revenue limits, you can register for GST return filing frequencies other than the default two-monthly returns. This may be attractive if you are expecting large refunds and want the cash sooner.<\/span><\/span><\/span><\/span><\/p>\n

Switch GST accounting basis when you want<\/span><\/span>:<\/span><\/span><\/span>
\n<\/b>GST can be accounted for on a cash basis and on an invoice basis. Sometimes it makes sense to switch the way you account for GST if your circumstances change. Afirmo software is built with this flexibility in mind. <\/span><\/span> <\/span><\/span><\/p>\n

Open and close GST returns:<\/span>
\n<\/b>You can save your GST returns and reopen them before they are submitted to the IRD. Afirmo deals with these seamlessly.<\/span><\/span><\/span><\/span><\/p>\n<\/div><\/div><\/div>

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Private use adjustments automated<\/span><\/span><\/h3><\/div>

You can only claim for business use elements of expenses and for GST claims.<\/span><\/span><\/span><\/span><\/span><\/p>\n

Maintain private use settings in the <\/span>Afirmo <\/span>tax module<\/span>:<\/span>
\n<\/b>The tax module lets you select the business use <\/span>percentage<\/span> for all expense allowances <\/span>such as<\/span> mobile phones, home office expenses, mortgage interest, motor vehicles etc<\/span><\/span>. <\/span><\/p>\n

Add private use settings for assets:<\/span>
\n<\/b>if you use business assets for personal use, then you can edit these settings to avoid any fringe benefit tax problems.<\/span><\/p>\n

Automatic GST claims:<\/span>
\n<\/b>Afirmo software calculates the correct amount of GST based on your personal use settings.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>

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