are you confused or unsure about your
ato activity statement obligations?
we can help!
Despite the best endeavours from the Australian Taxation Office (ATO) to make all ongoing Activity Statement compliance simple, many businesses, investors and individuals still encounter issues.
Such obligations may include monthly, quarterly or yearly Business Activity Statements (also known as BAS), quarterly Instalment Activity Statements (or PAYG Instalments), and/or monthly or quarterly PAYG Withholding Obligations (for businesses).
Mistakes can be costly if activity statements are processed and lodged incorrectly.
For instance, such reasons for errors may include incorrect GST treatment on transactions from your business records, omissions in the data or completing and filing out the activity statement incorrectly.
Furthermore, lodging your Activity Statements late can also attract unnecessary attention from the ATO!
From a GST reporting point of view, it is important to understand when your business should be registered for GST as well as the ongoing obligations and requirements moving forward (once your business is registered).
Barris Accounting can take some of the stress away from you by managing all your GST and PAYG obligations,
If you have any queries or questions, please don't hesitate to contact us any time.