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Tax Services | BAS, IAS & GST Assistance

Supplier: First Class Accounts

A Business Activity Statement (BAS) is a form that must be submitted to the ATO in order to report business tax obligations.

Price Guide: POA

First Class Accounts provides the necessary BAS, IAS, AND GST assistance to meet your needs.

If a business has a GST turnover of $75,000 or more, or is a non-profit organisation with a turnover of $150,000 or more, they must:

  • Register for GST
  • Work out whether their sales are taxable, GST free or input taxed
  • Include GST in the price of taxable sales
  • Obtain tax invoices for business purchases that have GST included in the price
  • Calculate any adjustments
  • Account for GST on cash or non-cash basis
  • Report sales and purchases by lodging activity statements and pay the required GST

For more information, click here