Business Activity Statements (BAS)

Reporting GST, PAYGI and PAYGW – generally happens on a quarterly basis, but can be monthly or annual depending on your individual circumstances.


Again, the use of accounting software or a well setup excel spreadsheet, can certainly go along way to preparing the BAS.


If you take the time to prepare your information accurately then this is also a good time to review your business’ operations over the last period. This should mean that you are reviewing quarterly, which would allow for a much more accurate and timely feedback on your business rather than relying on once a year!