GST Refunds: How They Work and How to Get Yours

If you’ve paid more GST on expenses than you’ve collected on sales, you may be eligible for a GST refund from Inland Revenue. Here’s how it works.

When Can You Claim a Refund?

Refunds happen when your input GST (on business expenses) exceeds the GST you’ve collected from sales. This often occurs with large initial expenses.

Filing for a Refund

Submit your GST return as usual. Inland Revenue will calculate if a refund is due based on the amounts entered.

Receiving the Refund

If approved, the refund will be credited to your account. Make sure your bank details are correct in the Inland Revenue portal.