How to Register for GST in 5 Easy Steps
Registering for GST in New Zealand is a straightforward process that you can complete online. Here’s how to do it in five simple steps.
Step 1: Check if You Need to Register
If your business earns over NZD 60,000 per year, you must register for GST. If you’re under this amount, you can still choose to register voluntarily.
Step 2: Gather Your Information
Have your IRD number, business details, and income information ready. This will speed up the process.
Step 3: Apply Online
Go to the Inland Revenue website, log into your account, and follow the instructions to register for GST. The process is quick and user-friendly.
Step 4: Confirm Your Registration
Once approved, Inland Revenue will send you a confirmation letter. This confirms that you can now charge GST.
Step 5: Start Charging and Collecting GST
With your registration complete, you can begin adding GST to your invoices and collecting it from customers. Keep track for easy reporting.