Business Activity Statement – BAS

Business Activity Statement

What is a Business Activity Statement?

Businesses use a “Business Activity Statement” to pay and report various tax obligations, including:

  • FBT instalments,
  • PAYG (instalments and withholding),
  • GST, and
  • related tax obligations.

Individuals use Activity Statements to pay quarterly PAYG instalments.

More info about a Business Activity Statement?
The ATO website provides instructions on how to complete sections of theActivity Statement:

How often must I lodge a BAS?
You can lodge your Business Activity Statement monthly or quarterly, unless your annual turnover is $20 million or more, then you must lodge your BAS and make payments electronically every month.

For more information, phone the office on (03) 9585 7555 and ask for Noel or Amanda orcontact us by email.