What is a BAS?

The word BAS stands for Business Activity Statement and if you run a business, in most cases you will need to lodge one at least once a quarter if not monthly. A BAS reports sales and purchases and the GST that is applicable to the transactions.

If you have employees, their wage and PAYG information is also reported in your BAS.

We have extensive experience with reconciling accounts and ensuring our clients are reporting their GST correctly and on time.

Not reporting GST correctly can end up costing your business time and expense this is why engaging a registered BAS agent to complete your BAS is really important.