Periodically BAS and IAS preparation and lodgement
Companies that have the GST registration should always prepare and lodge BAS statements periodically, like monthly, quarterly or even annually.
We offer a detailed BAS report on your Goods and services tax and offer every solution that matters to your business success.
When it comes to an Instalment Activity Statement (IAS), it can be by the taxpayers who do not have the registration of GST. The IAS is simply required to be lodged by multiple entities which handle the PAYG installments, PAYG withholding and are not even registered for GST.
Business Activity Statement (BAS) is a statement that needs to be submitted to ATO to report business tax liabilities it also includes; GST (goods and services tax), PAYG (Pay as you go) instalments, FBT (fringe benefit tax) etc. Whenever you will register your business for GST, you have to lodge BAS (business activity statement).
Preparation and lodgment of BAS and IAS is a complicated process. A person with minimum knowledge and understanding of the process cannot fulfill the requirements of BAS and IAS processing. BAS is too risky and it can cause hefty fine if not processed accurately. Our professionals at HHAccountant can simply ensure the smooth delivery of every service that contributes to the success of your business.
Come let us know and manage your taxation queries today.
Our Lodge BAS services
BAS shows how you can connect with the ATO for paying taxes. Before the lodgment of BAS, make sure that all your documents are complete and well-organized. Business owners find it a very difficult task to prepare all the documents along with their business activities. They need to hire consultants or agents to share their tax problems. We help businesses to prepare all their necessary documents and collect invoices for an accurate business statement. BAS is different for different business types. BAS also depends on the type of registration and when you company completes its BAS, monthly or quarterly. The main reason why businesses have to prepare BAS is to pay GST. By reporting the Business Activity Statement, you make yourself eligible to claim for credits on GST. It is also important to keep a record of all invoices to ensure that you are keeping the record systematically and to show that you are responsible enough to provide everything relating Business Activity Statement. These updated records will help you to claim the deductions you are entitled to. We are part of the Tax Practitioners Board since the beginning and we help companies by providing them with professional advice and information regarding BAS submission. We understand that you have to do a lot of business activities to run a business successfully and we are here to provide you with peace of mind with our services. We make sure that your documents are correct and up-to-date to save you from heavy penalties.
Along with bookkeeping services, we also provide BAS services. Our commitment is to manage all your bookkeeping requirements, prepare financial reports, lodgment of Business Activity Statement (BAS) and Installment Activity Statement (IAS). With our assistance, you can do, correct calculation of GST amount, calculation of luxury car, wine, FBT and other taxes. Our Business Activity Statement (BAS) service includes
- Cashbook review to ensure that there is no mistake
- Record processing and management
- Instalment Activity Statement (IAS) and Business Activity Statement (BAS) preparation
- Electronic lodgment of BAS and IAS with ATO
- Assist in liaising with ATO
Instalment Activity Statement (IAS) Services
Another type of business statement used by business entities and individuals. IAS is another source to pay your tax liabilities. the advantage of IAS is that you can pay your tax liability monthly or quarterly. If you are a sole trader and you have registered your business for GST then you do not need to register for IAS but lodgment of BAS is important for you. Our accounting team can help you in the preparation of Pay As You Go (PAYG), we will make sure that all your business statements are error-free and accurate.
What we can do for you?
Our objective is to assist you in preparing all Business Activity Statements and help in the lodgment of BAS and IAS. We can do the following things to help you with your taxes.
- Give perfect solution on GST matters
- Help in preparing all your activity statements including BAS, IAS, and GST monthly or quarterly depends on the plan you select for payment.
- Assist to save your business from heavy penalties.
- Recalculate GST so that there is no chance of any error
- Recheck instalment record to make sure that they are entered correctly
- We will help the company to register itself for lodgments
- Represent businesses during the audit with ATO
- Forensic GST reconciliation
- Use the best software for the processing, preparation and lodgment of taxes
Preparation and Lodgment for all income tax types:
What you really need to report for business and how you are supposed to lodge annual tax return simply depends on the kind of your business entity.
But today, many business owners have the least ideas about managing these complicated things. That’s why our professionals help provide valuable suggestions and ideas that can offer you great relief in every tax-related matter.
Timely and accurate submission of BAS (Business Activity Statement) and IAS (instalment Activity Statement) can save you from penalties and it also helps you to have complete insight into the business financial condition. Save your business from ATO penalties and interest by submitting your BAS (Business Activity Statement) on time with us. We….
- Have complete knowledge about ATO laws and rules. We know how to make things easier for you
- Have an experienced and well-qualified team to assist you in your taxation need.
- Provide cost-effective solutions to companies and with our assistance, you can save your money and time.
Contact us for consultation and accounting service for your business requirement.