Business Activity Statement Preparation
Despite the best endeavours from the Australian Taxation Office (ATO) to make GST compliance simple, many businesses still encounter issues when preparing Business Activity Statements (BAS).
Mistakes can be costly if the BAS is lodged incorrectly. Such reasons for errors can 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 BAS late can also attract unnecessary attention from the ATO! It is also 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 the GST registration, reporting and lodgement process for you.
Please don't hesitate to contact us for further information.