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Papua New Guinea Tax Information

10% GST

GST is 10% standard. Registration required above PGK 250,000 turnover. TIN mandatory for businesses.

Accountant Services to Invoice

  • Bookkeeping
  • Tax preparation
  • Financial statements
  • Payroll services
  • Tax planning
  • Audit support
  • Advisory

Invoice Requirements in Papua New Guinea

TIN number
GST registration
Client TIN
Invoice number
GST (10%)
Total in PGK

Payment Terms

Monthly bookkeeping billed monthly. Tax prep: 50% upfront, 50% on completion.

Cash14 days30 daysCOD

Payment Methods in Papua New Guinea

Bank TransferBSPWestpacANZCredit CardCash

Accountant Invoice Tips

  • Reference service period
  • Detail returns prepared
  • Include software fees
  • Note complexity factors
  • Reference engagement letter

Frequently Asked Questions

What tax rate applies to accountant invoices in Papua New Guinea?

Papua New Guinea has 10% GST. GST is 10% standard. Registration required above PGK 250,000 turnover. TIN mandatory for businesses.

What payment methods are common for accountants in Papua New Guinea?

Common payment methods in Papua New Guinea include: Bank Transfer, BSP, Westpac, ANZ, Credit Card, Cash. Monthly bookkeeping billed monthly. Tax prep: 50% upfront, 50% on completion.

What should accountant invoices include in Papua New Guinea?

Your invoice should include: TIN number, GST registration, Client TIN, Invoice number. For accountant services specifically, also include: Bookkeeping, Tax preparation, Financial statements.

How do accountants price tax preparation?

Based on complexity: forms, schedules, and documentation required.

Should accountants charge for questions?

Include reasonable questions. Track time for extensive consultations.

What is PNG's GST rate?

Papua New Guinea applies 10% GST on most goods and services. Exports are zero-rated. Some essential items like medicine and education may be exempt or zero-rated.