BAS & GST Reporting Australia
Practical reporting support for Australian businesses.
BAS and GST reporting
Business Activity Statements (BAS) are used by businesses to report and pay certain tax obligations, including GST where applicable. BAS reporting needs to be based on accurate accounting records and the reporting method used by the business.
What BAS can include
Depending on the business, a BAS may involve GST collected, GST credits, PAYG withholding, PAYG instalments and other fields. The obligations differ between businesses.
Keep records consistent
Bank transactions, invoices, receipts, payroll records and accounting software should be kept consistent with the BAS figures. Reconciling accounts before lodgement can help identify errors.
Late or incorrect reporting
Missing a reporting obligation or submitting incorrect information can create additional work and may have consequences. If you discover an error, it is better to address it promptly.
Ongoing reporting support
StudentTax can assist with BAS and GST reporting based on the records and information available and the obligations applicable to the business.
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