Business Activity Statements (BAS)

Businesses use an activity statement to report and pay their PAYG (instalments and withholding), FBT instalments, GST and related tax obligations and to pay deferred company and superannuation fund instalments.

 

If you are not confident enough, or do not have the systems in place to cope with the GST or instalments mentioned above you may wish to have someone prepare the BAS for you.

 

Your accountant at Patison Partners will be able to prepare your BAS for you, provided that all information is provided in the correct format on a timely basis. You need to advise your accountant that you want him/her to prepare your BAS before hand and ask what information is required and when it is required.