Every business registered for Goods and Services Tax (GST) is required to lodge a Business Activity Statement (BAS) to the Australian Taxation Office (ATO) either monthly or quarterly, depending on its specific tax reporting obligations.
Organising and lodging Business Activity Statement is among the many services offered by Account Experts for business clients.
Professional BAS services can prevent your business from being exposed to non-compliance penalties issued by the ATO.
Most importantly to protect businesses, legislation permits only registered BAS agents or tax agents to provide services in relation to your business’s BAS obligation.
With vast expertise around BAS liabilities, obligations and entitlements, combined with a reputation for accuracy and unsurpassed attention to detail, Account Experts provide clients with peace of mind in knowing that their BAS lodgement will be compliant and on-time, every time.
Our BAS services include:
- Downloading your business bank account transactions (with your authority) to our cashbook program and prepare the BAS from this source. The resultant data is then available to streamline the tax return process at year end
- Obtaining the necessary data from your own bookkeeping software (MYOB, Reckon, Xero etc)
- Identifying which data needs to be added to your business activity statement
- Composing all payment summaries for your employees
- Lodging the BAS on your behalf
For further discussion on Business Activity Statement services, give us a quick call at 1800 951819