What is a GST return?
A GST return reports taxable sales, zero-rated supplies, purchases, adjustments and the resulting GST to pay or refund for a taxable period. A registered person must file a return for every period, including a nil period.
The calculation depends on the accounting basis and supported transaction records. Afirmo prepares the GST returns included in the customer's plan from the recorded and categorised transactions, then asks the customer to review the return before filing.