It can be done on a monthly or quarterly basis depending on the size and nature of your business
Overview
GST or goods and services tax is a broad-based tax. It is a Value added tax that is added to most of the common things we buy and use in Australia. A business must register for GST if its turnover is $75000 or more yearly. This GST is reported to the Australian taxation office (ATO) via BAS on a monthly, quarterly or yearly basis.
BAS or business activity statement reports all your periodic tax responsibilities. It is essential to lodge GST, PAYG and other taxes in the Australian taxation office.BAS is lodged quarterly or sometimes monthly and covers the records of sales, purchases and other expenses on the basis of which ATO calculates the amount of payable GST taxes.
Service We Offer
1.
It is important to note that GST is optional for businesses with an annual turnover of
less than $75,000. Our team helps in counselling whether to opt for the GST
lodgement.
2.
After submitting your documents to us, you only need to relax and leave the
lodgement and completion of BAS to us.
3.
We have a team of experts that assist our clients in smooth GST registration and
lodgement.
Procedure
Visit your nearest Nanak accountants and associates office or contact us through our web credentials or contact numbers.
We will provide you with assistance by connecting you with our GST/BAS experts
You will need to process your GST registration with us after successful counselling and document verification
Our highly qualified crew will prepare your BAS timely to avoid cumbersome tax bills at the year-end.
Call us today and experience our affordable tax consultation packages.
Streamline Your Business Finances with Expert BAS-GST Lodgement Services
Why Choose Us?
We provide compliance with tax laws to ensure maximum tax benefits for you. Our tax agents provide audit assistance and expert advice throughout the process of tax returns. We conduct thorough investigations into your financial information, diligently assisting you in claiming all eligible tax deductions. Trust us to navigate the complexities of tax regulations and help you achieve the best possible outcomes.
FAQ
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How often do I lodge GST/BAS in Australia?
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What happens if one doesn't lodge GST?
ATO imposes penalties and interest charges on businesses failing to lodge GST/BAS timely. Meeting the lodgement deadlines is crucial to avoid compliance
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How do I lodge the GST/BAS?
A: One can lodge the GST/BAS online but it is always preferable to consult a tax agent in order to navigate complex regulations
Our Offices Around Australia
Contact us today for a tax consultation and let us be your reliable tax accounting ally in achieving financial prosperity.
Services
Contact Info
1/16 Prosperity St, Truganina VIC 3029
09:00 AM to 05:00 PM
Monday - Saturday
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