GST (BAS & IAS) Services in Australia

Businesses prepare and lodge activity statements with the ATO on either a quarterly, monthly or annual basis. There are basically two types of statements. These are the Business Activity Statements (BAS); and Instalment Activity Statement (IAS). A BAS will always be lodged where you are registered for GST. It will generally include reporting for GST, FBT, Fuel Excise, PAYGI, PAYGW as well as other taxes and rebates.

BAS shows how you can connect with the ATO for paying taxes. Before the lodgment of BAS, make sure that all your documents are complete and well-organized. Business owners find it a very difficult task to prepare all the documents along with their business activities. They need to hire consultants or agents to share their tax problems. We help businesses to prepare all their necessary documents and collect invoices for an accurate business statement. BAS is different for different business types. BAS also depends on the type of registration and when you company completes its BAS, monthly or quarterly. The main reason why businesses have to prepare BAS is to pay GST. By reporting the Business Activity Statement, you make yourself eligible to claim for credits on GST. It is also important to keep a record of all invoices to ensure that you are keeping the record systematically and to show that you are responsible enough to provide everything relating Business Activity Statement. These updated records will help you to claim the deductions you are entitled to. We are part of the Tax Practitioners Board since the beginning and we help companies by providing them with professional advice and information regarding BAS submission. We understand that you have to do a lot of business activities to run a business successfully and we are here to provide you with peace of mind with our services. We make sure that your documents are correct and up-to-date to save you from heavy penalties.