We can assist with all your GST requirements, from providing advice, to ATO reporting and lodging on your behalf. We also advise on suitable software such as MYOB and QuickBooks.
Call our Chatswood office on (02) 9411 1134, or send an email to info@cantoraccounting.com.au and one of our staff will be in contact as soon as possible.
Frequently Asked Questions
- What is a BAS and who needs to lodge one?
A Business Activity Statement (BAS) is used by eligible Australian businesses to report certain tax obligations, including GST. Whether and how often you need to lodge depends on your business and registration requirements.
- Can Cantor Accounting help prepare and lodge my BAS?
Yes. Professional BAS services can assist with reviewing financial records, calculating relevant amounts, preparing the statement, and meeting applicable lodgement requirements.
- How often does a business need to lodge a BAS?
BAS lodgement frequency depends on factors such as your GST reporting cycle. Businesses may have monthly, quarterly, or annual reporting arrangements.
- What records are needed for BAS preparation?
Depending on your business, records may include sales invoices, purchase invoices, receipts, bank transactions, payroll information, and other GST-related financial records.
- Why is accurate BAS reporting important?
Accurate BAS reporting helps ensure that reported GST and other relevant amounts are based on reliable financial records and can help reduce errors in business tax compliance.
