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BAS Preparation

What do you do if the BAS has been completed and you find that there are mistakes after it has been submitted?  What do you do to rectify these errors?  Do you ask for revisions, or are you just going to “fix” it in the next BAS?

Chances are you’ll forget about it and problems will arise at the end of the year, by not knowing how to fix the problem straight away can ultimately cost you hundreds or possibly thousands of dollars in the long run.

Does an extra two week extension after the lodgement date on Quarterly BAS interest you? You may be eligible for this extension if you lodge Quarterly BAS.

Are you getting all the GST benefits which are eligible to your business?  For instance – can you claim fuel Credits or GST for some employees working away from home?

Knowing what you can claim legitimately can possibly save you paying too much GST.

 

                    

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