Business Activity Statements (BAS) allowing you to calculate and record your tax requirements and submit them to the Australian Tax Office.

It is a legal requirement that any business registered for GST must submit monthly or quarterly BAS and pay any taxes that are due. The threshold for GST is $75,000, however any business can voluntarily register in order to claim back GST. 

The information to be included in a BAS is individual to each business and takes into account a number of factors. There can be some complexities, which is why many business outsource their BAS requirements to a bookkeeper. It is a legal requirement to be a registered BAS Agent if you charge a fee for providing BAS services; as such our team has a number of registered BAS Agents to assist you with your requirements. 

We are able to prepare and lodge your BAS electronically on the BAS Agent Portal or through GovReports, which usually allows you an extra four weeks to lodge and pay. 

For more information on our BAS services and how Bay Business Solutions can assist your business, please contact us