GST/BAS/BUSINESS ACTIVITY STATEMENTS:

This tax return is also called a GST tax return or a Business Activity Statement (BAS).Generally such tax return services are only required for businesses and traders that are registered for GST. Regardless of whether you make a profit or a loss from trading you are obliged to collect and pay GST on sales to the ATO. This reporting period could be monthly, quarterly or annually. Some businesses are required by law to be registered for GST while others have an option if they are below the threshold. We provide tax return services for both the above options whether it is by law or voluntary registration.

 Simpler BAS reporting requirements from 1st July 2017