Quick Summary
Yes, many businesses in New Zealand can file their GST returns directly using compatible accounting software. This method offers benefits like pre-populated returns and instant filing confirmation, streamlining the GST process significantly.
Details
Streamlining GST with Accounting Software
Modern accounting software can greatly simplify the process of filing GST returns for New Zealand businesses. Many popular software packages offer direct integration with the Inland Revenue Department (IRD).
- Key Benefits:
- Pre-populated Returns: Your accounting software can often automatically populate your GST return with figures directly from your financial records, reducing manual data entry and potential errors.
- Instant Confirmation: Similar to filing through myIR, you receive immediate confirmation that your return has been successfully submitted.
- Efficiency: This integration saves time and effort compared to manually copying figures into myIR or paper forms.
- Checking Compatibility: It's important to confirm with your software provider if this direct filing feature is available as part of their package and how to enable it.
Source: GST guide (IR375)