Lodging Business Activity Statement Information with BAS Agent Oatley

A personalized BAS will be received by all people whoever has set up business from the Tax Office in Australia. They may receive it through post or through their business portal of the Tax office if they use one.  The BAS received have to be filled and submitted before the due dates specified on their BAS. It is a statement having details about Goods and Services Tax, Luxury Car Tax, Wine Equalization Tax, Pay-As-You-Go, Fringe Benefit Tax, fuel tax credits and deferred company instalments. People who are busy and who do not know accounting knowledge can seek the help of a professional BAS Agent Oatley.

Various methods of Lodging BAS:
*    Through Mail
*    Through BAS Agent Oatley
*    Through online ‘business portal’ of the Tax Office

Among these methods, it is better to lodge through BAS Agent Oatley since they are the professionals and are able to prepare error free statements. In case, people are knowledgeable and have sufficient time then online business portal is the best method since it is the secure and easy method. Clients can immediately know the results of their submission whether it is received or not; moreover, they can view their earlier statements and other reports online.

Information on the BAS received is:
*    Duration of the period that statement covers
*    Document ID    
*    Australian Business Number of the client
*    GST accounting method
*    Business name and address
*    Due dates for lodging and payment
*    PAYG ‘ATO instalment rate’
*    FBT instalment amount