If you are a business registered for GST you need to lodge a business activity statement (BAS).

The Australian Taxation Office (ATO) web site provides instructions on lodging and paying activity statements. Your BAS will help you report and pay your:

• GST (Goods and Services Tax)
• PAYG (Pay As You Go) Instalments
• PAYG (Pay As You Go) Withholding
• FBT (Fringe Benefit Tax)
• LCT (Luxury Car Tax)
• WET (Wine Equalisation Tax)
• Fuel Tax Credits

• goods and services tax (GST)
• pay as you go (PAYG) instalments
• PAYG withholding tax
• other taxes.

Disclaimer
The material in this content is for the benefit and information of clients. The items are in the nature of general comments only, and are not to be used, relied or acted upon without seeking further professional advice. Falcon Advisory accepts no liability for any errors or omissions, or for any loss or damage suffered as a result of any person acting without such advice. Liability limited by a scheme approved under Professional Standards Legislation.