It is worth considering if you should temporarily change your reporting cycle.
If you report quarterly and you are due for a GST refund, moving to monthly reporting means you can get quicker access to GST refunds you are entitled to. Before you make the change, you should be aware that:
you can only change from the start of a quarter; for example, if you request a change in May, the change will take effect from 1 July
changing your GST reporting cycle doesn't mean you have to change your PAYG withholding reporting cycle – you can manage this by specifying the roles you are changing
once you choose to report and pay GST monthly, you must keep reporting monthly for 12 months before you can elect to revert to quarterly reporting
if you're registered for fuel tax credits, and change your GST reporting from quarterly to monthly, you will also need to claim your fuel tax credits monthly
if you import and you apply for the deferred GST scheme in May or June, we will backdate this to 1 April 2020 and we will change your reporting cycle to monthly.