Business Activiity Statements (BAS)

Businesses report and pay most of their taxes through their activity statement and income tax return. Some businesses may have to lodge other forms, such as a fringe benefits tax return.
Businesses use an activity statement to report and/or pay:
  • PAYG instalments
  • PAYG withholding
  • GST and related tax obligations
  • fuel tax credits
  • fringe benefits tax instalments, and
  • some company and superannuation fund instalments.

When you apply for an ABN you notify the ATO of your expected start date for your business or sub-contracting operation. The ATO will then send you the appropriate activity statement for the reporting period in time for you to complete and lodge it. It will be sent to the postal address you have elected for activity statements purposes.Remember to notify the ATO if your postal address changes.

Your activity statement is personalised, with some parts already filled in to save you time. It generally shows only the obligations that relate to you. For example, if you do not have a PAYG withholding obligation, this section will not appear on your activity statement.

For a FREE sample of a BAS ==> BAS Sample

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