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Dec 17, 2024

How can businesses ensure they are correctly collecting and remitting sales tax in Hawaii?

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?

Businesses can ensure correct GET collection and remittance by:

  • Registering for a GET License: Official authorization to collect GET.

  • Determining Correct Tax Rates: Apply the 4% state rate plus local surcharges based on buyer location.

  • Accurately Classifying Goods and Services: Ensure proper tax application on taxable items.

  • Maintaining Detailed Records: Keep comprehensive sales and tax collection records for compliance and audits.

  • Filing Returns on Time: Submit GET returns monthly, quarterly, or annually as required.

  • Staying Updated: Regularly consult Hawaii Department of Taxation guidelines for changes.

  • Using Automation Tools: Implement tax software for accurate calculations and filings.

  • Consulting Tax Professionals: Seek expert advice to navigate complex tax regulations.

These practices help maintain compliance, avoid penalties, and ensure accurate tax management in Hawaii.

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?