If you are a business registered for GST you need to lodge a business activity statement (BAS). The business activity statement (BAS) is a tax reporting requirement for businesses issued by us on either a monthly or quarterly basis. You must lodge on time to avoid penalties. If you have difficulty paying, contact us to make a payment plan The due date for lodging and paying is displayed on your business activity statement (BAS). If the due date is on a weekend or public holiday, you have until the next business day to lodge and pay. Your GST reporting and payment cycle will be one of the following.
- Quarterly – if your GST turnover is less than $20 million
- Monthly – if your GST turnover is $20 million or more.
- Annually – if you are voluntarily registered for GST and your GST turnover is under $75,000 ($150,000 for not-for-profit bodies).
We can assist with quarterly GST and BAS returns Completed and lodged online.