GST refunds are in place, but they’re not the only way to make sure you get your money.
Here’s how you can make sure your refund is processed correctly.
Read More , with the first GST payment on September 20, 2019.
This means your funds will be deposited on September 27, 2019, but you’ll have to wait until the end of the year to get your refund.
You’ll have the option of getting your money as soon as September 30, 2019GST refunds can be applied at any GST station (including supermarkets, grocery stores, and petrol stations), and can be processed in the same way as any other payment.
There’s also a cash-only GST transaction option.
This means you can apply a GSP refund and be in the clear if you didn’t make the purchase in the first place.
This is useful if you’re a student who only made the purchase for work purposes, or if you bought it because of the GST rebate and have not made the same purchase in years past.
If you want to make a payment before the end date, however, you’ll need to make the GSP rebate payment first.
The first GSP payment on your account will be sent out on September 15, 2019You can make a GSC payment and be the beneficiary of a GSA rebate, but only if you have the GSA to showThe GSC is the GST equivalent of a cash advance and can only be used to pay for the purchase of goods and services that you’ve previously madeGST rebate payments are only available to the first time a payment is made through your account.
If there’s a delay, you may be able to request a refund.
You can do so by contacting a GSN Customer Service Representative.
You can also make a GST refund from your payphone, but not from your account, or from a bank account or online accountGST payment transactions are only processed by the company that issued the paymentThe GSN is the company issuing the payment, so if you’ve received the payment from someone else, you need to contact the company directly to request the refund.
This is also where the problem arises if you purchased items that have already been shipped, or received them before the payment was issued to you.
If you receive the refund, you must wait until it clears the company’s system to make any further paymentsYou may also have to contact your bank to request your money backGST refund transactions can only have one recipient.
If the recipient is an overseas company, they’ll need you to contact their UK bank account to request their money backIf you’ve purchased an item in a store or online and the items are returned to you after being delivered, you can get your GST return payment back.
The amount you’re owed is the amount you’ve paid for the item and the cost of postage that was applied to the deliveryGST return transaction can only refund the amount paid to the company for the goods, and not the cost or amount of postage applied to your orderGST transaction transactions cannot be returned to your bank, so you’ll only be refunded if your money is returnedGST returns can only go back to the senderGST Return Payment will only be processed onceGST Refunds can be paid to a bank, credit card, or prepaid cardGST payments are not subject to GST, so the GST rate applied to them will be the same as any tax rateYou will not have to pay any tax if you use your GSN to make payments to overseas businessesYou’ll only pay tax if your transaction is processed on behalf of an overseas businessGST fees are not charged on the GST refundGST has a number of taxes and duties that apply to overseas paymentsGST tax applies on the money that’s paid to an overseas financial institutionGST applies to GST payments received outside of AustraliaGST does not apply to payments that are made in AustraliaGSP has no tax rate, but does apply to tax that’s due to other taxesGST is not applied to online paymentsGSP applies to all payments, including online payments.
For more information, visit GST refunds, and how you might be affected.