Are You Claiming All the GST on Imported Goods/Freight Invoices or are you sitting on thousands?

Whenever you're importing something you're going to receive some freight forwarding documentation - a typical business practice. However in my time as an outsourced CFO I've come across 3 different companies who all had issues in appropriately identifying GST on their invoices. Once we backtracked and rectified the issue, a couple hundred thousand dollars got released back into the business and the owners started bathing in cash.

So I ask you, are you correctly claiming all your GST on your invoices? Watch this video to find out!

KEY MOMENTS

00:00 Intro
0:15 Are you sitting on an avalanche of cash?
0:25 What happens when you import goods?
0:40 Are you claiming all your GST as GST?
1:03 What to look for on your freight forwarding documentation
2:00 Outro

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