BAS Agent

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Do you need somebody to "lodge the BAS"? We're also a registered BAS Agent.


Xero is the best bookkeeping software out there but you still need to know how to correctly code the GST component of each transaction. We use Receipt Bank for bills and receipts. When compliance falls due, we'll run a review over your transactions to ensure consistent and accurate GST has been captured.

GST

What does it all mean?


  • GST on Income
  • GST on Expenses
  • BAS Excluded
  • GST Free

PAYG

Pay As You Go - this is the tax that you withhold from your employees when you pay their wages. These funds are sent to the ATO each BAS cycle.

Monthly or Quarterly

Most likely you'll "lodge the BAS" every quarter. Depending on your business, you may have to lodge every month.