When you’re a busy business owner it might feel that there’s never enough time in the day to get everything done, right?

The trick to a successful business is not only being on top of your financial requirements but always being one step ahead when it comes to lodging the dreaded Instalment Activity Statement (IAS) and Business Activity Statement (BAS) Lodgment. It’s time to take the pressure off. Let us take care of all your IAS and BAS lodgments – we can work with you on a monthly or quarterly basis with our affordable packages and services.

BAS Agent Services

Keeping abreast of your financial reporting requirements is key to a successful business. Two of the most important obligations are the Instalment Activity Statement (IAS) and Business Activity Statement (BAS) lodgement.

Here is where you need a team of highly trained experts on your side to give you peace of mind that your financial reporting requirements are being taken care of, allowing you to focus on your core activities. As BAS agents registered with the Tax Practitioners Board (TPB), The BAS Agents have a big focus on BAS lodgement.

BAS is a tax reporting obligation for all businesses issued by the Australian Taxation Office (ATO), with strict due dates. It essentially summarises all the taxes a business owner has paid or needs to pay within a set timeframe. The level of taxes is influenced by factors such as company size, workforce, benefits, products and services and its location in Australia.

In terms of our BAS agent online services, we specialise in the following:

Goods and Services Tax (GST) reconciliation and preparation: This resolves discrepancies between the books of account and GST returns.

• BAS and IAS lodgement: BAS pays the GST collected by a business since its last lodgement, while IAS pays over the amounts taken from employees’ wages and salaries.

• ABN and GST Registration: You must have an Australian business number (ABN) before registering for GST.

• Payroll tax preparation and lodgement with the State Revenue Office: A business is liable for payroll tax if, as an employer your wage bill is over a monthly threshold.

• Preparation and lodgement of Taxable Payment Annual Report (TPAR): Businesses that pay contractors may need to report these payments and lodge a TPAR.

• Workcover annual remuneration submission: Remuneration encompasses all amounts paid or payable to or for the benefit of employees during a premium period.

BAS Rescue Packages

Business owners can quickly become overwhelmed with admin, which is why BAS agent registration is so important. Even if your lodgements are not up to date, our cost-effective BAS Rescue Package will get your business on track quickly and efficiently. We ensure that not only are all your lodgements up to date but that you are well prepared for the next due date.

If you are a business owner in Newcastle, Central Coast, North Shore or North Sydney, The BAS Agents is the ideal partner to ensure you comply with all your financial reporting requirements. We understand the stress and strain that modern business owners are under, which often makes them take their eye off the ball when fulfilling these exacting requirements.

We are here to help and ensure you do not make any expensive mistakes. Take the pressure off yourself as an entrepreneur by entrusting us to take care of all your BAS and IAS lodgements.