The business activity statement (BAS) is a form submitted to the Australian Taxation Office (ATO) by registered business entities to report their tax obligations, including

If you’re just starting out, we can help you decide whether you need to be GST registered from the outset or not. As well, we will continue to monitor your situation, so that should it become obligatory for you to register for GST, we can deal with all the paperwork for you. In contrast, we will also monitor your position for when we think you are able to and would benefit from deregistering.

Once you provide the Cumberland Partners with the excel workbook, we have provided you or any other bookkeeping methods you have followed, our experienced accountants will use that information to calculate the GST (monthly, quarterly, or annually) depending on the business structure. Our experienced accountants will also assist you in calculating BAS components such as fuel tax credit, GST instalments and marginal scheme calculations where necessary.