Accounting Services

Business Activity Statement

If you are a business registered for GST (Goods & Services Tax), you must lodge a business activity statement (BAS). It is a form issued by the Australian Taxation Office for reporting businesses’ Goods and Services Tax (GST) activity for the period. 

With Business Activity Statement, you can also report PAYG withholding obligations, fringe benefits tax obligations and any PAYG income tax instalments that may apply to your business. Although most Business Activity Statements are issued quarterly, a business may be required (or voluntarily elect) to complete their Business Activity Statements on a monthly basis in certain circumstances.

We don’t see BAS lodgement as a government directive; instead, we see this as an opportunity for you to look at how your business is going and prevent any nasty tax surprises at the end of the financial year.

Based on the information provided, we will calculate GST paid, GST Collected, PAYG Instalment, and PAYG withheld for your business and lodge BAS before the due date.

  1. GST on Sales
  2. GST Credit
  3. PAYG Instalment 
  4. PAYG Withheld