BAS or Business Activity Statements must be submitted to the Australian taxation Office by the scheduled due date every quarter. Failing in the submission by due date and lead to compliance related issues.
One needs to take up the initiative to do the intensive planning to schedule a monthly quarterly and yearly financial review and be prepared for every step to achieve proper financial growth.
Artha helps you to keep yourself updated with the new rules and regulations or updates on new taxation policies.
Do not wait any longer Artha (accredited professionals) immediately and take your first step toward BAS lodgement.
IAS or Installment Activity Statements are required by individuals/businesses who deal with PAYG Instalments, PAYG withholding, and/or FBT Instalments are not registered for the GST. IAS is a preprinted document issued by ATO monthly which summarizes the amounts of PAYG installments, PAYG withholding and ABN withholding.
Suggestions By Artha:
• Do keep you keep all your paper work handy and up-to-date.
• Do register your IAS statement on time, regardless you have anything to file or not.
• Plan and register your IAS on time to ensure you are not charged with any late fees.
• Do note you need to register a single copy of your IAS every reporting period.
For any queries, please feel free to contact us at 0423666707