Need a BAS-Agent?
Schedule an introductory call today. We will help you determine what your business requires to take it to the next level.
If your business is registered for GST, you are required to lodge a business activity statement (BAS) regularly (usually monthly or quarterly). Your BAS helps you report and pay your ATO taxes, including GST, PAYG and PAYG withholding tax.
We review your reports to verify their accuracy prior to lodgement of your BAS, and check:
- Goods and Services Tax (GST)
- Wine Tax Law (WET)
- Luxury Car Tax (LCT)
- Fuel Tax (FTC)
- Pay As You Go instalments (PAYG)
- Pay as you go withholding tax and payments of Fringe Benefit Tax (FBT) instalments. Se will lodge your business activity statements on your behalf.
Super is money you pay for your workers to provide for their retirement. Generally, if you pay an employee $450 or more before tax in a calendar month, you have to pay super on top of their wages. The minimum you must pay is called the super guarantee (SG):
We provide you with specific advice on the application of the SG to your employees and contractors. With regards to remuneration or salary package, we advise on what components attract SG. We determine and report the superannuation guarantee shortfall amount and any associated administrative fees, then lodge and pay superannuation obligations (including SG Statements).
Tax File Number
As a small business owner, you hold ATO obligations relating to your employees’ tax file numbers (TFN). Where an employee does not provide you with their TFN, you may be required by law to withhold additional tax from their pay (to be paid to the ATO).
We guide you through your TFN obligations and lodge TFN declarations on your behalf.
Taxable Payments Annual Report
Your Taxable payments annual report (TPAR) is due each August. Penalties apply to business owners who do not lodge their TPAR by the due date.
We work with clients to prepare and lodge their TPAR as part of our complete service offering.
Payroll obligations are evolving. From July 2018, the ATO commenced Single Touch Payroll (STP). Depending on the number of employees you employ, you may be obligated to use this new system.
We manage your payroll obligations, reconcile PAYG withholding taxes payable, and verify that your payments comply with SG and Award payroll entitlements. payroll entitlements.
Australian Business Register
We will apply to the Registrar for an Australian Business Number on your behalf where it is required as part of your business structuring.
Only a registered person should be providing the above services for your business.
You may visit the Tax Practitioners Board Website for more information. There are significant fees civil penalties for anyone providing BAS services for a fee or reward or advertising BAS services while unregistered.