![]() This is due to liability, legal, and ethical issues. We’re sorry, but for several reasons, we cannot answer your questions about filling out this form or help you to fill out this form yourself. You can hire us to complete and file it for you, as a third party, if you are unsure about how to fill it out correctly. Specific instructions to filling out the form are also included within the form, so please read those carefully. Note that this form can also be completed electronically at the Hawaii Business Registration website.Ĭomplete the form and include payment according to the registration fee worksheet, which is part of the form. It also allows you to enroll for tax withholding and the unemployment insurance tax (and other licenses), if applicable. ![]() If you have rental income or are starting a small business (or other self employment) you need form BB1 to apply for your General Excise Tax License. If you would like to know more about passing Hawaii GE Tax along to customers, click here. If you do not do that, you will be out of pocket for some of the amount. Actually, you can (and should) collect more of a percentage than you pay. Yes you can – but you still must file the GE Tax Returns (forms) and pay the department of taxation the amount due. Can I pass the tax along to my customers or tenants? If you pay less than $2,000 in GE Taxes during the year you file semi-annually.įor more information about GE Tax filing frequencies, click here to see our guide on this subject.If you pay less than $4,000 in GE Taxes during the year you file on a quarterly basis.If you pay more than $4,000 total in Hawaii GE Tax during the year, you are required to file on a monthly basis.How often do I have to file and pay?įiling frequency requirements depend on how much tax you have to pay, or expect to have to pay in a year. Instead, GE tax is computed based on your gross money received, before expenses, even if you did not make a profit. You generally cannot exclude your typical business expenses and deductions like you can with “income tax”. Insurance commissions might pay at an even lesser rate, depending on the situation. ![]() But on Oahu, Kauai, and the Big Island there is a 0.5% surcharge.įor many wholesalers and manufacturers with a wholesale certificate, the rate is 0.5%. If you would like to read more about paying Hawaii GE Tax on your property rental, click here.Ģ020 UPDATE: The statewide normal tax rate is 4%. Note that even if you are exempt form Hawaii GE Taxes, you still have to file the tax returns to claim any exemption. For a complete list in detail, you can reference the General Excise Tax Law found here. For a quick list of the exemptions, check out the form “Schedule GE” and look at the instructions at the bottom. There are a few exceptions, but these are somewhat rare. Many other activities are subject to the tax as well. If you have self employment/business income, you are an independent contractor, make sales commissions as a non-employee, or you have rental income from being a landlord, then you have to file and pay Hawaii GET. If you are asking – then you probably do. Do I have to pay Hawaii General Excise Tax? Hawaii GE Tax is generally farther reaching than a typical sales tax, but the total rates are also much lower than a typical state’s sales tax. Hawaii implemented this tax in place of sales tax, which is imposed by most other states. It’s very similar, but not exactly so, to a common state sales tax. Hawaii General Excise Tax is an additional tax (totally in addition to federal and state income tax) on the gross income of most Hawaii businesses and other activities. Tax Services Oahu | Hawaii General Excise Tax Services What is Hawaii GE Tax? Please read all Hawaii State-provided form instructions carefully. ![]() ![]() This is an introductory guide only, and we recommend having your tax forms filed by a professional. We try to keep all of our pages current, but some of the information presented on this page may be out-dated. Warning: Every tax situation is different and you may need more forms that are presented here. Learn what you need to know about these taxes. A super simple guide to Hawaii GE (general excise tax). ![]()
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